Mixed Global Equities Markets Amid Elevated Oil Prices and High Yields

The global equities markets delivered mixed performance last week due to elevated oil prices and multi-decade-high U.S. Treasury yields.

Elevated oil prices, Middle East uncertainty, and inflation concerns are reinforcing expectations of further Federal Reserve tightening.

Wall Street ended the week higher, with the S&P 500 gaining 0.51%, the NASDAQ 0.48%, and the Dow Jones 0.93% as bargain hunting provided some support.

In Europe, the FTSE 100 added 0.14% and the Euro Stoxx 50 rose 0.48% without a specific regional catalyst.