Once again, the rise in government bond yields is acting as the catalyst for the sell off in stocks.
Stock markets are enjoying modest gains ahead of the release of the Federal Reserve minutes later
Stock markets are showing moderate losses as we draw near the close of trading in London. Indices came under pressure this morning and the mood has not really changed much during the day.
Stock markets in Europe are showing solid gains as traders are in risk-on mode. Dealers in this part of the world are taking their cues from the solid finish seen in the US on Friday, where the S&P 500 registered yet another record high.
We have seen a new record high in US stocks thanks to a largely positive US non-farm payrolls report. The update showed that 850,000 new jobs were added, easily topping the 700,000 consensus estimate, it was also confirmed the pervious report was revised higher to 583,000, up from 559,000.
Traders are a little worried about the increasing number of Covid-19 cases, the delta variant of the
Stock markets in Europe are showing solid gains we approach the end of the trading session.
Volatility has been low today as there has been little in the way of news to excite traders. European stock markets are broadly lower as concerns about the pandemic are doing the rounds.
Stock markets are in good shape as the weekend approaches thanks to the Biden administration’s plans to spend more than $1 trillion on infrastructure.
Prices may be delayed by 5 seconds. Prices above are subject to our website terms and conditions. Prices are indicative only
© 2023 Equiti, All Rights Reserved