GLOBAL MARKETS-Stocks Slide, Yields Up On 'Higher for Longer' Rates View

GLOBAL MARKET - LONDON/SINGAPORE. Global stocks dipped on Tuesday, while bond yields and the dollar traded near multi-month highs as investors reined in expectations for more big U.S. interest rate cuts ahead of the U.S. election.

Bucking the trend in the equities market was the European heavyweight software company SAP, which surged to an all-time high after raising its full-year targets.