Global stocks take breather under all-time highs By Reuters

From Investing.com:

Global stocks dipped on Friday as profit-taking set in after a record-setting week, following dovish central bank measures. Wall Street indexes opened slightly lower but were on track for weekly gains. A surprise rate cut by Switzerland and a dovish tone from the Bank of England boosted market confidence. The Federal Reserve kept rates unchanged but signaled readiness to lower rates by 75 basis points this year. Yields on U.S. and Eurozone government bonds fell, while the dollar was poised for its best week since January. Asian shares fell amid expectations of more monetary easing. Gold prices dipped while flows into the precious metal hit a yearly high. Oil prices declined on the possibility of a ceasefire in Gaza and reduced U.S. gasoline demand.



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