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Treasury bond yields slip as central bank raises benchmark rate by a quarter point
US stocks close lower as bank shares hit by Yellen’s comments on deposits
...Additional reporting by William Langley in Hong Kong...
...Nicholas Varney, who stood down as chief executive last year after more than 20 years at the helm of Merlin Entertainments, is also knighted....
Strong advances in Europe and Asia had driven Wall Street higher earlier in the day
US gains led by tech and consumer cyclicals
Tech-heavy stock benchmark dropped 13.3% in April as investors braced for higher interest rates and slower growth
Central bank members show comfort with more aggressive interest rate rises to combat inflation
Euro jumps after Moscow says it will scale back military activities near Kyiv
Moves follow best week for Wall Street and European equities since 2020
...Additional reporting by William Langley, Ryan McMorrow and Hudson Lockett...
Tech-heavy Nasdaq makes strong gains as indices in Asia and Europe also advance
Investors brace themselves for further tumult as scientists analyse new coronavirus strain
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