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Home » GLOBAL MARKETS-Stocks gain, 10-year Treasury yield falls as investors digest labor data

GLOBAL MARKETS-Stocks gain, 10-year Treasury yield falls as investors digest labor data

    A gauge of global equities rose on Wednesday for the first time this week while U.S. Treasury yields fell after U.S. employment data buttressed expectations the Federal Reserve has room to maneuver towards a rate cut next year. U.S. private payrolls rose by 103,000 jobs last month, the ADP National Employment Report showed on Wednesday, below the 130,000 estimate of economists polled by Reuters.

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