U.S. Stocks End Mixed as Dollar, Bonds Decline: Markets Wrap

  • Sterling advances on Brexit news; Yields climb an 8th day
  • Glimmers of trade hope, central bank stimulus lift sentiment
Devan Kaloo, Aberdeen Standard Investments’ global head of equities, discusses the outlook for stocks.
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U.S. stocks finished the week mixed as Treasury yields jumped to six-week highs and the dollar slipped.

All three major U.S. indexes still closed higher for a third consecutive week after being whipsawed by a rotation from growth to value shares by some investors. Apple weighed on the Nasdaq Friday. Equity indexes in Europe and Asia finished the week in the green thanks to easing trade fears and a new round of central bank stimulus.