Stocks Mixed in Light Trading; Euro Erases Losses: Markets Wrap
- Greenback erases losses; U.S. bonds, equities shut for the day
- Yuan extends rebound; emerging-market shares deepen slump
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The euro erased losses on the chance of an earlier rate increase by the European Central Bank after a report that some policy makers were uneasy about expectations for a hike as late as December 2019.
European stocks ended fractionally higher while futures for the S&P 500 advanced in a lackluster trading session overshadowed by the U.S. holiday. The mood in Asia was more downbeat, and shares slipped even as the yuan extended a rebound. The Brazilian real weakened for a second day as the Ibovespa rose, led by Petroleo Brasileiro SA.