Investors worry about how imminent US interest rate hikes would affect economy Global stock markets stumbled again on Friday and US Treasury yields climbed as cautious investors worried about how imminent US interest rate hikes would affect the economy.
A warning from the largest US bank JPMorgan Chase & Co. that its profitability may fall below a medium-term target cast another pall on Wall Street.MSCI’s gauge of stocks across the globe had shed 0.36 percent.—AN
