© 1982-2022 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial
BONDS

Gilt/Bund spread widest since March 22nd

OIL

Shell to Shut Two GOM Pipes in September

HUNGARY

Q2 GDP Growth Rises 6.5% YoY

SILVER TECHS

Holding Above Support

ENERGY

What to Watch: Genscape, EIA & WTI Expiry

EQUITIES

EU Cash opening calls

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Topics

Stocks Bounce, But Still Off Last Week's Best

EQUITIES

Equity markets across both Europe and the US traded well Monday, with continental indices rising close to 2%, while US bourses modestly outperformed. The S&P 500 traded with gains of close to 2.3%, while the tech-heavy NASDAQ rose over 2.5% at some points of the session.

  • Markets are bouncing off last week's lowest levels and, despite Monday's decent gains, are still well off recent highs. Whether the bounce can be sustained remains a key sticking point, with firm resistance expected ahead of 3950 in the e-mini S&P.
  • Across the US, energy names benefited from the stabilisation of oil and gas prices to lead Monday's rise, while defensive healthcare and consumer staples still rose, but were close to the bottom of the Monday table.
  • Stabilisation in equity prices led to a lower VIX, with the index shedding close to 5 points and back below 25.
markets-real-timeEquitiesBulletMarketsFixed IncomeForeign Exchange

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.