US Stocks Crumble

Saturday, 18 April 2015 - 13:19

US+Stocks+Crumble
Global stocks slumped and European bond yields touched fresh lows, driven by a new round of jitters over Greek finances, a crackdown on stock-market borrowing in China and a flurry of subpar U.S. corporate earnings.

The declines followed weeks of stocks grinding higher, and some traders and strategists noted equities were set for a pullback.

Yields on 10-year German government bonds, hit a record low of 0.07%, as investors pulling cash out of stocks sought safety.

 


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