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Stocks stumble as growth worries resurface, tech shine dims- Sep 4

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Fixed Income

U.S. Treasury yields were mostly lower, 10-year note on track to snap a five-session streak of gains, after the soft manufacturing sector data.
US 30-year bond yield fell 5.9 basis points to 4.1373%. US 2-year note yield, fell 4.7 basis points to 3.8796%, from 3.927% late on Friday.

Equities

Wall Street closed sharply lower overnight after the U.S. returned from a holiday at the start of the week.
Nvidia down nearly 10% as investors reduced optimism about artificial intelligence.
 MSCI’s broadest index of APAC ex-Japan falling 0.44% in early trade. Nikkei slid more than 3%.

Forex

Dollar hovered near a two-week high against the euro as traders braced for a data-heavy week, including Friday’s U.S. payrolls report.
The dollar index , DXY, gained 0.13% to 101.79.  JPY last a touch higher at 145.36
The euro retreated further from a 13-month high and was little changed at $1.1048, while sterling fell 0.04% to $1.311.

Commodities

Brent crude futures were last 0.05% lower at $73.71 a barrel, while U.S. crude futures dipped 0.13% to $70.25 per barrel, after both fell to their weakest since December in the previous session.
Copper lost 2.12% to $8,988.00 a tonne. XAU rose 0.05% to $2,494.23 an ounce.

Index Last Change % Change
trading lower

40,936.93 -626.15 1.51%Negative
trading lower

17,136.30 -577.33 3.26%Negative
trading lower

5,528.93 -119.47 2.12%Negative
Index Last Change % Change
trading lower

37,566.93 -1119.38 2.89%Negative
unchanged

17,651.49
trading lower

82,555.44 -4.40 0.01%

Source: LSEG, opens new tab – data delayed by at least 15 minutes

For more news, visit reuters.com