May 20, 2026 9:57 AM
Global stocks fall for 4th day as higher yields bite, all eyes on Nvidia results
Asian stocks fell for a fourth straight session on Wednesday as war-driven inflation fears hammered bonds, while investors awaited earnings from Nvidia to see whether the world's most valuable company might help markets navigate higher borrowing costs. The sell-off in global bond markets persisted overnight as investors ramped up bets that the Federal Reserve may need to increase interest rates this year. The benchmark 10-year Treasury yield hit a 16-month high of 4.687% overnight, while the 30...