News Formal

Premarket: Global stocks tick up and bond yields dip after sell-off

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 92%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

MSCI’s index of global stocks is down more than 4 per cent since the beginning of September

The Europe-wide STOXX 600 index was up 0.2% on Wednesday, after falling 0.6% in the previous session in its fourth straight daily drop.

At the root of the recent equity sell-off, said Jan von Gerich, chief analyst at Nordea, has been a sharp rise in bond yields as traders have cut their bets that central banks will lower interest rates any time soon. On Wednesday, the yield on the 10-year U.S. Treasury note was down 5 basis points to 4.507%, after touching its highest level since October 2007 on Tuesday at 4.566%. A bond’s yield rises as its price falls, and vice versa.

The Dow posted its biggest one-day percentage drop since March on Tuesday, while all three major averages ended at their lowest closing levels in well over three months. “The stabilizing industrial profits are simply not significant enough to override concerns about risks, especially in real estate,” said Gary Ng, Asia Pacific senior economist at Natixis.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 5. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stock market today: Wall Street opens lower, adding to September's lossesNEW YORK (AP) — More losses for stocks have September on track to be the worst month of the year for Wall Street. The S&P 500 was 0.4% lower early Monday, coming off its worst week in six months.
La source: SooToday - 🏆 8. / 85 Lire la suite »

Stock market today: Wall Street drops as its September slump gets even worseNEW YORK (AP) — Wall Street’s September swoon accelerated, knocking stocks down to their lowest levels since June. The S&P 500 fell 1.5% Tuesday, its fifth drop in six days. The Dow lost 388 points and the Nasdaq composite gave back 1.6%.
La source: SooToday - 🏆 8. / 85 Lire la suite »

German business sentiment worsens in September -IfoBy Maria Martinez BERLIN (Reuters) -German business morale deteriorated slightly in September, falling for the fifth month in a row, a survey showed on ...
La source: SaltWire Network - 🏆 45. / 63 Lire la suite »