Shares skid, bond yields rise as Gulf conflict sends oil surging | live
By Wayne Cole and Stefano Rebaudo July 13 (Reuters) - Global stocks fell and government bond yields rose on Monday as investors grappled with concerns over a fresh escalation in the Middle East conflict and valuations in AI-related stocks. U.S. and Iranian forces renewed exchanges of heavy missile and drone assaults, with Tehran saying it had again closed the vital Strait of Hormuz.
By Wayne Cole and Stefano Rebaudo July 13 (Reuters) - Global stocks fell and government bond yields rose on Monday as investors grappled with concerns over a fresh escalation in the Middle East conflict and valuations in AI-related stocks. U.S. and Iranian forces renewed exchanges of heavy missile and drone assaults, with Tehran saying it had again closed the vital Strait of Hormuz.
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