Wall Street up, Treasuries surge as investors eye earnings, global growth

Published by
Reuters UK

By Pete Schroeder WASHINGTON (Reuters) – Wall Street opened higher Monday while U.S. Treasury yields hit three-year highs as investors eyed corporate earnings and what Russia’s invasion of Ukraine could mean for global growth. A significant cut to global growth expectations from the World Bank, paired with March weakness in China’s latest economic numbers injected some pessimism into U.S. markets, which opened Monday following a holiday-shortened previous week. Corporate earnings are also expected to grab investors’ attention this week, with several major firms reporting quarterly numbers. Ban…

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