Global stock index dips while bond yields rise, oil prices drop

A street sign for Wall Street is seen outside the New York Stock Exchange in Manhattan, New York City

NEW YORK/ LONDON: MSCI's global equities index lost ground on Monday on the latest uncertainty around tariffs while oil prices fell on the prospect of production increases and U.S. bond yields rose.

U.S. Treasury yields were marginally higher after data showed that the services sector in the world's largest economy remained resilient last month, with prices paid, an inflation gauge, hitting a two-year high.