Free Trial

Rising Yields Weigh On Stocks

EQUITIES
  • Asian markets closed mixed: Japan's NIKKEI closed up 164.62 pts or +0.62% at 26643.39 and the TOPIX ended 4.28 pts higher or +0.23% at 1893.13. China's SHANGHAI closed down 2.548 pts or -0.08% at 3281.744 and the HANG SENG ended 46.74 pts lower or -0.22% at 20751.21.
  • European stocks are weaker, with losses focused in the Real Estate and Energy sectors: German Dax down 97.17 pts or -0.76% at 12653.8, FTSE 100 down 56.67 pts or -0.79% at 7138.78, CAC 40 down 62.79 pts or -1.05% at 5957.96 and Euro Stoxx 50 down 37.45 pts or -1.08% at 3425.01.
  • U.S. futures are weaker, with the Dow Jones mini down 344 pts or -1.12% at 30414, S&P 500 mini down 46.5 pts or -1.22% at 3758, NASDAQ mini down 134.5 pts or -1.14% at 11627.75.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.