NEW YORK, United States – Global stock markets mostly fell Wednesday, with investors worried about high-flying share prices and the potential for inflation to spiral.
On Wall Street, the Dow eked out another record, but both the S&P 500 and Nasdaq retreated, with analysts pointing to worries over higher Treasury bond yields.
European stocks finished lower, and losses were posted across most of Asia.
Oil prices rose, however, were holding near 13-month highs.
Lifted in recent months by OPEC production cuts, there prices got added support this week from a big freeze in Texas that has hammered output in the key US oil state.
Meanwhile, Bitcoin hit another re…
Keep on reading: Global stocks mostly fall amid angst at inflation risk