GLOBAL MARKETS-Equities slide, bonds rally as tech rebound stalls


MSCI's gauge of stocks across the globe shed 1.06% following modest declines in Europe and gains in Asia. On Wall Street, the Dow Jones Industrial Average fell 406.02 points, or 1.45%, to 27,534.45, the S&P 500 lost 60 points, or 1.77%, to 3,338.96 and the Nasdaq Composite dropped 221.97 points, or 1.99%, to 10,919.59.

NEW YORK: Global equity benchmarks slipped and U.S. government bonds rallied on Thursday as a rebound in U.S. technology stocks stalled after the European Central Bank left its stimulus program unchanged and a stimulus bill failed in the U.S. Senate.

MSCI's gauge of stocks across the globe shed 1.06% following modest declines in Europe and gains in Asia.

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