World markets stutter as hopes that high interest rates have peaked fade


Source: irishtimes.com irishtimes.com

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Wall Street’s main indexes climbed following a choppy start to the session as falling US Treasury yields supported megacap growth stocks. Photograph: Spencer Platt/Getty World share markets lost momentum on Tuesday as investor optimism that interest rates have peaked and the Federal Reserve will soon begin cutting them faded. Dublin Euronext Dublin finished the day up 20 basis points, marginally outperforming its European peers. AIB finished the day up 1.6 per cent after Minister for Finance Michael McGrath raised almost €515 million from the sale of a further 5 per cent stake in the bank as the State continues to...