GLOBAL MARKETS - Stocks Fall with Bond Yields after US Economic Data

GLOBAL MARKET - NEW YORK/ LONDON, May 30 (Reuters) - MSCI's global equities gauge fell on Thursday and bond yields dropped with the U.S. dollar as investors analysed weaker than expected U.S. growth data and Federal Reserve comments for clues on the outlook for interest rates and the economy.

The U.S. economy grew more slowly than expected in the first quarter after downward revisions to consumer spending, according to a Commerce Department report which showed gross domestic product growing at an annualized rate of 1.3% versus advance estimates of 1.6%.