An employee passes share price information displayed on an electronic ticker board inside the London Stock Exchange. File photo: BLOOMBERG via GETTY IMAGES/LUKE MACGREGOR
MSCI’s broadest index of Asia-Pacific shares outside Japan lost 0.8%, while Japan’s Nikkei was little changed. US stock futures slipped, with S&P 500 e-minis down 0.25% and Nasdaq e-minis losing 0.4%. He said overnight declines in the Nasdaq due to the higher yields weighed on Asian share markets given the greater significance of tech stocks in the region.
US five-year notes, which reflect rate hike expectations, soared to their highest since February 2020, after US two-year note yields hit their strongest level since March 2020 on Monday. Benchmark US 10-year treasury yields touched a six-week high on Tuesday and were last at 1.657%. He thought declines in tech stocks would be short-lived, while rising yields would help banking stocks.
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian stocks power higher on US blast-offWall Street sets new records on the first trading day of 2022
Source: BDliveSA - 🏆 12. / 63 Read more »
MARKET WRAP: Rand above R16/$, its worst level since mid-December, while JSE leaps to new recordGlobal risk aversion sees most emerging market currencies weaken, while stocks gain on waning concerns about Omicron Viva ANC ! Words can neither qualify how helpful your guidance and advice has been . I am forever grateful for your support .Thank you AMBREYMARCUS1 I just received a profit of R234,000 in my bank account. thank you very much
Source: BDliveSA - 🏆 12. / 63 Read more »