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Global stocks, U.S. yields fall on U.S. policy doubts, Barcelona attack

Global stocks, U.S. yields fall on U.S. policy doubts, Barcelona attackWorld equity markets and U.S. bond yields fell while gold rose on Thursday as investors favoured safe-haven investments amid growing scepticism U.S. President Donald Trump, embroiled in controversy, would achieve his economic agenda. Adding to investor concerns was news that a van had slammed into crowds in the Spanish city of Barcelona, killing 13 people, according to media reports, in an attack police were treating as terrorism. U.S. dollar trading was volatile and U.S. Treasury yields fell on worries Trump will be unable to deliver on campaign promises such as tax reform, even as the White House knocked down speculation that Gary Cohn, director of the National Economic Council, would resign.