<WIRE> Global Stocks Show Little Change Amid Inflation Concerns

The global stock market displayed minimal changes recently, taking a pause after European and U.S.

equities hit record levels in the previous session.

This pause comes as investors turned their attention to the next round of data on inflation and consumer health.

MSCI’s measure of stocks across the globe fell 0.01 points to 775.70.

On the other hand, the tech-centred Nasdaq experienced a decline as its growth stocks were hit by rising U.S.

Treasury yields.

Investors are now awaiting more data this week to get a hint on the timing of the Federal Reserve’s interest-rate cuts.

As of 11:35 a.m.

ET, the Dow Jones Industrial Average was up 147.19 points or 0.38% at 39,152.68, the S&P 500 declined to 5,168.12 with 7.15 points down or 0.14%, and the Nasdaq Composite was down 89.49 points, or 0.55%, at 16,176.15.

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