市場快報

Stocks decline as investors search for signs of strain in corporate earnings

Ten-year US Treasury yield rises above 4.25% for first time since 2008

Stocks and government bond prices fell on Friday, as investors searched for signs of strain in the latest flurry of corporate updates.

A FTSE gauge of global shares slipped 0.6 per cent, as Europe’s regional Stoxx 600 lost more than 1.5 per cent and Hong Kong’s Hang Seng fell 0.4 per cent. Futures contracts tracking Wall Street’s S&P 500 slid 0.7 per cent and those tracking the technology-heavy Nasdaq 100 fell 0.9 per cent.

Adidas was among the biggest fallers during the morning in Europe, with shares in the sportswear group sliding 10 per cent after it lowered its full-year guidance.

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