Stocks, Futures Mixed as Bond Yields March Higher: Markets Wrap

  • Company earnings, deals also in focus; Dollar up, oil steady
  • China central bank cuts interest rates to counter slowdown
WATCH: Catherine Yeung of Fidelity International discusses what the PBOC’s latest move means for the economy and financial markets.Source: Bloomberg
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Stocks were mixed Monday as traders weighed a global advance in sovereign bond yields and corporate developments.

Europe’s Stoxx 600 Index gained, while U.S. futures were mixed and Asian shares fellBloomberg Terminal. A dollar gauge ticked higher, as did oil prices. U.S. stock and bond markets are shut Monday for a holiday.