Global stock rally loses steam, virus keeps safe-havens alive

By Herbert Lash NEW YORK (Reuters) - Global equity markets closed little changed on Wednesday as strong results from Apple and others provided a lift, but concerns about the coronavirus outbreak in China kept enthusiasm in check and a safe-haven bid in gold and the dollar alive. The yield on benchmark U.S. Treasuries and German bunds fell as foreign governments evacuated citizens from the virus' epicentre in China and the World Health Organization voiced "grave concern" about person-to-person infection in three countries

The post Global stock rally loses steam, virus keeps safe-havens alive appeared first on Firstpost.

from Firstpost