International Finance: Stocks fluctuate after S&P 500 snaps losing streak: markets wrap

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 84%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Asian equity benchmarks fluctuated on Wednesday while US share futures climbed after the S&P 500 snapped a four-day losing streak, providing a moment of respite in one of the worst years for stocks and bonds in more than a decade.

Equity benchmarks in Japan, China and Hong Kong shifted between losses and gains. Australian shares clung to a firm advance and futures contracts for European stocks climbed.

The central bank announced a surprise bond buying operation Wednesday as the yield on 10-year debt approached the new upper limit. Japan’s two-year government yield rose above zero for the first time since 2015. Treasury yields also rose slightly in Asia after jumping 10 basis points for the second consecutive session on Tuesday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 3. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines