US data steadies stocks and bonds after early-year sell-off

Stay informed with free updatesSimply sign up to the US equities myFT Digest -- delivered directly to your inbox.Weak US service sector figures steadied markets on Friday, partially reversing earlier weakness that had left global stock and bond markets on course for one of their worst opening weeks in years. The figures, from the US Institute for Supply Management, helped the S&P 500 gain 0.2 per cent by early afternoon following a three-day losing streak. Benchmark 10-year bond yields,..