A gauge of global stock performance slid on Thursday after U.S. jobless claims and a modest rise in producer prices suggested a slowing economy, which also pushed Treasury yields lower as it could allow the Federal Reserve to halt raising interest rates.
(Adds U.S. market close; closing stock, bond, currency and
index prices throughout; gold and oil settlement prices in
paragraphs 29 and 31) European stocks, Wall Street slip Bank of England hik. | May. 11
A eurozone inflation print, a survey on European lending activity and the Federal Reserve’s rate decision all need digesting before a verdict on Thursday.