LONDON, Sept 24 (Reuters) - World stocks largely slipped on Friday as worries over fallout from debt-laden China Evergrande persisted, while bond yields in Europe and the U.S. pushed higher after hawkish stances from central banks. MSCI"s gauge of stocks across the globe (.MIWD00000PUS) shed 0.28% after three days of gains, putting it little changed for the week. Wall Street"s S&P 500 index dipped in early Friday trading after European markets fell. Concern over whether distress at Evergrande could spill into the broader economy has hovered over markets this week. Evergrande has left global investors guessing over whether it will make a key interest payment, adding to fears that Beijing will let overseas bondholders swallow large losses. read more “You look back on this week and there is a lot for global markets to digest,” Matthew Miskin, co-chief investment strategist at John Hancock Investment Management, said. Summary Wall Street mixed in early trade after Europe markets sag U.S. Treasury yields at highest in nearly three months Dollar index on track for 3rd week of gains Oil prices set for weekly increase LONDON, Sept 24 (Reuters) - World stocks largely slipped on Friday as worries over fallout from debt-laden China Evergrande persisted, while bond yields in Europe and the U.S. pushed higher after hawkish stances from central banks. MSCI"s gauge of stocks across the globe (.MIWD00000PUS) shed 0.28% after three days of gains, putting it little changed for the week. Wall Street"s S&P 500 index dipped in early Friday trading after European markets fell. Concern over whether distress at Evergrande could spill into the broader economy has hovered over markets this week. Evergrande has left global investors guessing over whether it will make a key interest payment, adding to fears that Beijing will let overseas bondholders swallow large losses. read more “You look back on this week and there is a lot for global markets to digest,” Matthew Miskin, co-chief investment strategist at John Hancock Investment Management, said. "The verdict is still not out on how China is going to manage the cracks developing in their credit markets.” On Wall Street, the Dow Jones Industrial Average (.DJI) rose 28.63 points, or 0.08%, to 34,793.45, the S&P 500 (.SPX) lost 1.17 points, or 0.03%, to 4,447.81 and the Nasdaq Composite (.IXIC) dropped 80.92 points, or 0.54%, to 14,971.32. Gains in S&P 500 cyclical sectors such as financials and energy were countering declines for tech. The pan-European STOXX 600 index (.STOXX) lost 0.75%, as weak German business confidence data also weighed. read more Investors were also assessing a busy week of central bank meetings around the world, including arguably more hawkish stances from the U.S. Federal Reserve, as well as from policymakers in Britain and Norway. Yields on the benchmark U.S. 10-year notes hit their highest level since July 2. The notes fell 14/32 in price to yield 1.456%, from 1.41% late on Thursday. Benchmark yields in Germany and Italy also climbed higher. read more "A week of central bank action has shown us that policymakers are ready to move towards reining in on loose monetary policies introduced during the pandemic," wrote ING analysts in a note to clients. The dollar index rose 0.288%, and was on track for a third straight week of gains, with the euro down 0.26% to $1.1705. The Japanese yen weakened 0.36% versus the greenback at 110.72 per dollar.Oil prices were also tracking to weekly increases, with U.S. crude on pace for a fifth week in a row of gains. On Friday, U.S. crude rose 0.46% to $73.64 per barrel and Brent was at $77.67, up 0.54% on the day. read more Spot gold added 0.1% to $1,744.60 an ounce.
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