Global markets today: US stocks fall, yields rise after strong retail sales data

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Key Points

World markets today: US stocks fell on Tuesday, treasury yields rose after robust economic data..

Strong retail sales data and better than expected earnings from Bank of America and Goldman Sachs have raised hopes that the US Federal Reserve may keep restrictive policies in place for longer period..

The Dow Jones Industrial Average fell 71.75 points, or 0.21%, at 33,912.79..

European stocks edged lower on Tuesday on concerns about risks stemming from the Middle East conflict..

In Asian stock markets, Hong Kongs Hang Seng Index rose 0.8% at 17,773.34..

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