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European Shares May See Cautious Open Amid Middle East Tensions

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

European stocks may open on a cautious note on Friday as investors weigh a range of uncertainties.

The dollar inched higher and yields on 10-year U.S. government bonds extend recent surge to hover near 5 percent for the first time since 2007 after Fed Chair Jerome Powell didn't offer clarity on the rate outlook.

Middle East tensions looked set to escalate, with the U.S. State Department issuing a worldwide caution alert citing the "potential for terrorist attacks, demonstrations or violent actions against U.S. citizens and interests."

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