GLOBAL MARKETS-Stocks Slide as Rate Worries Dent Risk Appetite

May 24, 2024, 04.38 PM
GLOBAL MARKETS-Stocks Slide as Rate Worries Dent Risk Appetite

ILUSTRASI. Global stocks slipped on Friday after robust U.S. and German economic data bolstered prospects of interest rates staying higher for longer on both sides of the Atlantic.

Source: ReutersEditor: Khomarul Hidayat

GLOBAL MARKET - LONDON/SINGAPORE. Global stocks slipped on Friday after robust U.S. and German economic data bolstered prospects of interest rates staying higher for longer on both sides of the Atlantic.

MSCI's global share index, which recently hit intraday highs after a rush into artificial intelligence stocks ignited by strong results from $2.6 trillion chipmaker Nvidia, fell 0.2% and was set for a 0.9% weekly loss.

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