European stocks climbed higher on Tuesday after opening in the red, as investor concerns persist over the volatility in technology stocks against the backdrop of rising bond yields.
Major European markets opened lower across the continent but reversed course in early Tuesday trading to push into the green. Germany’s DAX continued into record high territory for the second straight day. The Nasdaq COMP, -2.41% tumbled a further 2.4% in Monday trading, with the index now down more than 10% since highs in mid-February. The fall in tech stocks has come amid rising bond yields. Nasdaq futures NQ00, +2.31% were pointing up around 2% on Tuesday.
But metals and mining stocks represent the other side of the commodities seesaw. Industrial metals in particular have fallen, with copper HG00, -1.27% down more than 1% and iron ore futures for April TIOJ21, -5.52% down near 6%. Shares in London-listed Rio Tinto RIO, -1.49%, BHP BHP, -2.04%, Anglo American AAL, -2.52%, Antofagasta ANTO, -0.68%, and Glencore GLEN, -1.88%, which are all major miners of copper or iron, were among the largest fallers in London trading.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
$CBDD :)
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
European stocks and U.S. equity futures are under pressure as inflation worries persistStocks in Europe pick up on selling from Asia and a downbeat day on Wall Street ahead of Federal Reserve minutes. Except the average investor isn't selling. And inflation is transitory and the professionals aren't worried about it. They're profit taking and hoping to leave the retailer holding the bag. But that's less glamorous for you to report Isn't this always the case
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks mostly climb, except tech, as inflation worries easeA benign reading on inflation helped spur stocks on Wall Street broadly higher Wednesday, sending the Dow Jones industrial average to an all-time high. I am looking for new, good friends 💎 🙌 We're interpreters & workers for U.S forces & companies in Iraq, we are subjected to threats by militias & terrorists some of us were killed & others subjected to torture, our cases were ignored by President Trump in USRAP-P2, kindly we ask you to activate the SIV program.Please
Source: latimes - 🏆 11. / 82 Read more »
European tech stocks and Nasdaq 100 futures climb on bond yield easing as ECB meeting awaitsEuropean stocks traded higher Thursday ahead of a European Central Bank meeting, as investors celebrated an easing in bond yields. Music to my ears!
Source: MarketWatch - 🏆 3. / 97 Read more »
German stocks hit record high as European banks reverse Archegos-linked tumbleEuropean stocks continued their climb higher on Tuesday, with Germany’s key index opening to a new high, as the market seems to have shrugged off wider...
Source: MarketWatch - 🏆 3. / 97 Read more »