Global stocks were mixed on Nov. 24, with worries about inflation setting off fears that the Federal Reserve might move faster to raise rates, and as investors turn their focus to a bevy of U.S. economic data releases later in the day, including a key inflation gauge that the Fed relies on heavily to guide its monetary policy decisions.
Share markets were nervous in Asia as trading was buffeted by a step-up in U.S. Treasury yields as well as volatile oil prices in the face of a coordinated release of crude reserves by the United States and other countries the day prior, which did little to cool prices.