| Index | Last | Change | % Change |
|---|---|---|---|
|
trading lower
|
42,392.27 | -151.95 | 0.36%Negative |
|
trading lower
Nasdaq Composite Index
.IXIC |
19,280.79 | -30.00 | 0.16%Negative |
|
trading lower
S&P 500 Index
.SPX |
5,868.55 | -13.08 | 0.22%Negative |
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading lower
Nikkei Index
.N225 |
39,894.54 | -386.62 | 0.96%Negative |
|
unchanged
Hang Seng Index
.HSI |
19,623.32 | — | — |
|
trading higher
S&P BSE SENSEX Index
.BSESN |
79,943.71 | +1436.30 | 1.83%Positive |
Summary
- U.S. stocks fall as Tesla drags
- U.S. yields ease but 10-year Treasury still above 4.5%
- Dollar continues recent strength, hits 2-year high
Fixed Income
Fed’s recent economic forecast and worries that Trump’s policies such as tariffs may prove to be inflationary, sent yields higher and created a stumbling block for equities.
U.S. 10-year notes yield slipped 1.6 basis points to 4.563%, but remained above the 4.5% mark.
Equities
Wall Street declines dragged by the consumer discretionary sector (.SPLRCD), which dropped 1.27% and by 6.08% fall in TSLA after its report of its first decline in annual deliveries
MSCI’s global (.MIWD00000PUS), lost 1.72 points, or 0.20%, to 839.70.
Europe’s STOXX 600 (.STOXX), index gained 0.6%.
Forex
DXY rose 0.67% to 109.27, after climbing to 109.54, its highest since Nov. 10, 2022.
EUR down 0.89% at $1.0263 after slumping to $1.0223, its lowest since Nov. 21, 2022.
JPY weakened 0.47% to 157.60. GBP dropped 1.12% to $1.2377.
Commodities
U.S. crude settling up 1.97% at $73.13, Brent hit at $75.93 per barrel, up 1.73%, on optimism over China’s economy and fuel demand.
For mroe news visit Reuters.com
