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Global shares: US, Europe mixed; Asia weaker amid rate concerns and Middle East conflict worries

US markets US equities ended mixed after fluctuating around the flatline throughout the session on Monday. The bellwether S&P 500 dropped 0.2 percent, and the blue-chip Dow Jones Industrial Average slipped 0.6 percent. However, a decline in Treasury yields provided some support to rate-sensitive growth stocks, with the tech-heavy NASDAQ closing up 0.3 percent. Investors […]
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Global shares: US, Europe, Asia end the week on a sour note amid rate fears, geopolitical tensions

US markets US equities remained under pressure on Friday amid concerns over more interest rate hikes and an escalation in the Middle East conflict. Meanwhile, investors further digested Federal Reserve (Fed) Chair Jerome Powell’s speech a day before that US economy’s strength and tight labour markets could lead to higher-for-longer interest rates. The bellwether S&P […]
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Global shares: US falls, yields rise after Powell speech; Europe slips on earnings; Asia sinks; Middle East tensions and rate worries remain overhangs

US markets US equities extended losses on Thursday. Treasury yields surged after Federal Reserve Chair Jerome Powell’s speech renewed worries that interest rates would stay higher for an extended period. Meanwhile, elevated geopolitical tensions in the Middle East, overlapping with a further jump in oil prices, still kept investors on edge. The bellwether S&P 500 […]
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Global shares: US, Europe sink as yields and oil prices rise amid Middle East concerns; Asia mixed

US markets US equities ended sharply lower amid risk-off sentiment on Wednesday. Treasury yields resumed their climb along with oil prices after a strike on a Gaza hospital dashed hopes for containing the Middle East conflict and complicated US President Joe Biden’s visit to the region. Investors also digested a slew of disappointing quarterly reports […]
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Global shares: US, Europe mixed, bond yields rise after robust economic data; Asia mostly better

US markets US equities finished mixed with little movement on Tuesday. Solid economic figures pushed Treasury yields higher, putting pressure on stock markets. The ongoing conflict in the Middle East also kept investors on edge. The bellwether S&P 500 and the blue-chip Dow Jones Industrial Average closed roughly flat, while the tech-heavy NASDAQ lost 0.3 […]
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Global shares: US rebounds on earnings optimism; Europe rises as inflation eases; Asia extends losses amid Middle East concerns

US markets US equities rebounded strongly on Monday amid the prospect of a rosier upcoming earnings season. The bellwether S&P 500 jumped 1.1 percent, the tech-heavy NASDAQ climbed 1.2 percent, and the blue-chip Dow Jones Industrial Average gained 0.9 percent. Still, investors remained vigilant of an escalation of the military conflict in the Middle East. […]
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Global shares: US, Europe, Asia end the week on a sour note, geopolitical tensions in focus

US markets US equities pared morning gains to end lower on Friday as the Middle East conflict offset upbeat quarterly earnings from major US banks. A surge in oil prices and inflation expectations also dented market sentiment. The bellwether S&P 500 lost 0.5 percent, the tech-heavy NASDAQ fell 1.2 percent, while the blue-chip Dow Jones […]
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U.S. stocks moved, energy soared, commodity prices rose, and the stock market needed to focus on earnings reports.

International News The volatility of U.S. stocks escalated in late trading last week. Bank stock performance was positive but was suppressed by geopolitical concerns and monetary policy expectations. The sharp rise in crude oil and gold prices drove the Cboe Fear Index VIX to once exceed the 20 mark during the day and approach high […]
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