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Wall St ends lower on tech weakness, oil extends slide Oct 16

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Fixed Income

Benchmark U.S. Treasury yields edged lower, pausing after a 2-1/2 month high with soft manufacturing data.
U.S. 10-year notes fell 3.7 basis points to 4.036%, from 4.073% late on Friday.
US 30-year bond yield fell 5.8 basis points to 4.3237% from 4.382% late on Friday.
US 2-year note yield, which typically moves in step with interest rate expectations, rose 1.1 basis points to 3.952%.

Equities

China CSi 300 down 13% from last Tuesday’s peak, but is still up 20% from the day before Beijing first unveiled its measures to support markets, the property sector and growth.

Forex

DXY rose 0.06% to 103.24, EUD down 0.2% at $1.0887.
JPY stregnthened 0.37% to 149.2.

Commodities

Oil prices slid to a near two-week low, extending Monday’s losses amid easing supply pressures from conflict in the Middle East.
U.S. crude tumbled 4.40% to $70.58 while Brent fell to $74.25 per barrel.
Gold gained traction, lifted by lower Treasury yields. XAU rose 0.4% to $2,661.80 an ounce.
Index Last Change % Change
trading lower

42,740.42 -324.80 0.75%Negative
trading lower

18,315.59 -187.10 1.01%Negative
trading lower

5,815.26 -44.59 0.76%Negative
Index Last Change % Change
unchanged

39,910.55
trading lower

20,318.79 -774.08 3.67%Negative
trading lower

81,820.12 -152.93 0.19%Negative

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