GLOBAL MARKETS-Stocks Gain with Bond Yields, Dollar Up; Economy, Rates in Focus

GLOBAL MARKET - NEW YORK/LONDON. A global equity index rose on Monday with help from Wall Street, and U.S. Treasury yields climbed to an almost seven-month high while data showed a deterioration in U.S. consumer confidence and investors prepared for fewer Federal Reserve rate cuts in 2025.

In U.S. equities, Nasdaq and the S&P 500 were boosted mostly by rallies in megacap technology stocks such as Nvidia Corp and Broadcom Inc.