Stocks, bonds tick higher after quarter of losses: Markets Wrap

News Snapshot:

(Bloomberg) — Stocks rose on the last trading day of the quarter and a global bond selloff eased after dovish-leaning comments from Federal Reserve policymakers and reports of a possible meeting between US and Chinese leaders. Most Read from Bloomberg Europe’s Stoxx 600 equity index rose more than 0.5% at open, buoyed also by data showing a fall in French inflation. Gains were led by luxury stocks after Bank of America strategists raised their view on the sector to overweight. The moves signal relief after a quarter that’s put 30-year borrowing costs on track for their steepest increase since 2009....