Stocks Slide With Bonds After US Yield Spike: Markets Wrap =============== #0265b35c ver:1.52 Global markets see mixed performance as US and European markets remain closed for holidays. Asian shares mostly higher, with Tokyo's Nikkei up 0.7% and Seoul's Kospi up 1.2%. Australia's S&P/ASX 200 surges 0.8%. European shares see modest gains, while US futures slip. Oil prices advance. US economy shows strength in household spending, but concerns about high inflation persist. Australian retail trade expected to show a slight increase. Cyclone Remal causes devastation in Bangladesh and India. Australian stocks decline, with losses in Industrials and Telecoms Services sectors. Asian shares decline following mixed session on Wall Street. IMF raises China's economic outlook to 5% growth. European shares decline as rising bond yields raise concerns about interest rates. #StockMarket #GlobalMarkets #Economy #Inflation #OilPrices #RetailTrade #CycloneRemal... #newstr #Stocks #Bonds #UsTreasury #InterestRates #Economy https://here.news/story/0265b35c?ver=1.52