Today’s Market News |
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Key developments to markets on Monday: |
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| Index | Last | Change | % Change |
|---|---|---|---|
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trading lower
|
43,444.99 | -305.87 | 0.70%Negative |
|
trading lower
Nasdaq Composite Index
.IXIC |
18,680.12 | -427.53 | 2.24%Negative |
|
trading lower
S&P 500 Index
.SPX |
5,870.62 | -78.55 | 1.32%Negative |
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading lower
Nikkei Index
.N225 |
38,343.39 | -299.52 | 0.78%Negative |
|
trading higher
Hang Seng Index
.HSI |
19,722.25 | +295.91 | 1.52%Positive |
|
unchanged
S&P BSE SENSEX Index
.BSESN |
77,580.31 | — | — |
Fixed Income
U.S. Treasury yields near multi-month highs on Monday, bolstered by bets of less aggressive Fed rate cuts down the line.
10-year yield steadied at 4.4315%, 2-year yield last stood at 4.2990%.
Fed signalling rates to remain higher for longer, with Trump’s policies of tariffs, reduced immigration and debt-funded tax cuts stoking inflation, limiting the scope for further policy easing.
Equities
Nikkei fell 0.76%, dragged by a decline in shares of healthcare companies.
MSCI’s broadest of APAC ex-Japan, advanced 0.7%.
Investors focus on NVDA Q3 results on Wednesday, expect to record a jump in revenue. NVDA stocks have been up 200% to year.
Chinese CSI 300 last gained 1.22%, Shanghai Composite umped 1.34%. Hang Seng rose 1.5%.
Forex
USD lifted by shift in US rate and inflation outlook, near a one-year high at 106.66.
GBP last bought $1.2640, near last week’s six-month low, EUR ticked up 0.03% to $1.0543.
JPY last 0.3% lower at 154.72 per dollar.
Commodities
Oil firmed on Monday. Brent rose 0.18% to $71.17, U.S. crude little changed at $67.05 per barrel.
XAU jumped 1.24% to $2,593.02, recovering from sharp fall last week.
For more news visit Reuters.com
