© Reuters. FILE PHOTO: Pedestrians walk past an electronic board displaying Nikkei share average, outside a brokerage in Tokyo, Japan, October 31, 2023. REUTERS/Kim Kyung-Hoon/File Photo
By Sinéad Carew
NEW YORK (Reuters) – MSCI’s global equities index rose on Monday as Wall Street fed on momentum that took it to a new record high last week, while the edged up slightly.
U.S. Treasury yields fell as investors took advantage of a recent decline in bond prices to enter the market ahead of economic indicators due out later this week that may give new information on the direction of interest rates.
The benchmark scaled a fresh record-high after closing at a record on Friday for the first time in two years, confirming it was in a bull market.
“If anything, what we’re seeing is a carry-over of the strength from the last couple of trading sessions. That’s probably starting to get money in off the sidelines,” said Matt Stucky,…
