Stocks from London to Shanghai and US fell: Market News
According to Bloomberg, stocks from London to Shanghai and US fell today as IT-companies selloff deepened on Tuesday adding pessimism to the market depressed amid trade conflicts. US Treasuries grew together with dollar.
According to Bloomberg, stocks from London to Shanghai and US fell today as IT-companies selloff deepened on Tuesday adding pessimism to the market depressed amid trade conflicts. US Treasuries grew together with dollar.
Stoxx Europe 600 falls fifth day in a row.
IT-companies stocks that helped S&P 500 index to grow to the record level earlier this year, fell due to slower sales and concerns about sector’s regulation.
Pound stabilized. Bitcoin continued sliding and costs less than $5000. Price of WTI oil holds close to $57 per barrel.
The main moves on the market by the middle of the day include the following:
Stoxx Europe 600 lost 0,7% as well as S&P 500 index. FTSE 100 in the UK fell by 0,6%, while FTSE MIB in Italy lost 0,8%. All-Country World MSCI index dropped 0,4%.
Bloomberg Dollar Spot gained 0,1%. Euro lost 0,2%. Japanese yen grew by 0,1% to 112,47 per dollar.
US Treasuries yield fell to 3,05%. German 10-year bonds yield fell to 0,36%, while yield of UK’s 10-year bonds gained to 1,378%.
WTI oil price is 0,1% up to $57,28 per barrel. Price of gold is down by 0,1% to $1223,09 per ounce. Iron ore lost 0,5% of its value. Bloomberg Commodity Index is 0,8% down.