NEW YORK – Global stocks were mixed Wednesday as investors sought to rebound following the prior session’s big drop as oil prices moved sharply lower.
The 10-year US Treasury note, which hit a 16-year peak on Tuesday, retreated following a lackluster US hiring report.
“We’re entering a situation now where any negative economic data or soft economic data will likely be viewed as bullish for stocks,” said Adam Sarhan of 50 Park Investments.
US finished the day higher to snap a three-day losing streak, with the…