Published by
Reuters UK
Reuters UK
By Marc Jones and Koh Gui Qing LONDON/NEW YORK (Reuters) -World shares edged higher on Tuesday as investors mulled whether a recent rally in stocks has legs to run further, while Treasury yields drifted higher as traders pared bets that U.S. rate cuts are on the horizon given sticky price pressures. Wall Street, where the S&P 500 touched a near 10-month high on Monday, was in the black. The S&P 500 index rose 0.2%, the Dow Jones Industrial Average added 0.12%, and the Nasdaq Composite Index climbed 0.28%. The pan-European STOXX 600 index rose 0.37%, while MSCI’s broadest index of Asia-Pacific …
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