Global Markets-Global shares fall as Treasury yields scale fresh peaks

On Wall Street, all three main indexes were trading lower, with consumer discretionary, communication services and utilities stocks driving losses. Energy shares were the biggest gainers.

The Dow Jones Industrial Average fell 0.76%, the S&P 500 lost 0.49%, and the Nasdaq Composite dropped 0.83%.

Europe's STOXX 600 fell 0.28% after hitting its lowest level since June 12. The European tech stock index lost 0.37%.

Benchmark Brent crude futures settled above $108 per barrel as Yemen's Iran-aligned Houthis launched a new wave of attacks on Saudi Arabia and were digging into positions on the western coast of Yemen along the Red Sea.

Goldman Sachs said oil was exceeding $108 on Saudi supply concerns.