(Bloomberg) — Stocks and bonds posted small moves on Thursday as investors grappled with a slew of company reports and prepared for a sale of 30-year US government debt.
Most Read from Bloomberg
Europe’s Stoxx 600 gauge climbed 0.3% on the busiest earnings day of the season. Unilever Plc rallied on better-than-expected sales growth while A.P. Moller-Maersk A/S tumbled more than 13% after predicting the shipping industry will be hit by a slowdown later this year. Futures on the S&P 500 were flat after the underlying index hit a fresh high on Wednesday that took it closer to the 5,000 level.
After successful sales of three- and 10-year bonds, the US Treasury’s latest auction of longer-maturity debt could prove a tougher test of investor appetite. Markets have so far largely shrugged off fears around the commercial real estate sector and absorbed a run of warnings from Fed policy makers that a cut isn’t likely until May at the…
