Global Market Shifts Amid Inflation Data and Political Uncertainties ...Middle East

Global stock indexes edged lower on Friday, reversing early gains, while Treasury yields rose and the U.S. dollar declined as investors absorbed data that showed U.S. monthly inflation was unchanged in May. The flat reading in the U.S. personal consumption expenditures (PCE) price index last month followed an unrevised 0.3% gain in April, the data showed.

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