Stock Futures Fall as Bond Yields Hit Three-Month High. U.S. government bond yields rose amid inflation concerns and stock futures sagged as investors rotated out of interest-rate sensitive technology stocks. Oil Hits Three-Year High as Gas Crunch Spills Into Crude Market.
Stock Futures Fall as Bond Yields Hit Three-Month High. U.S. government bond yields rose amid inflation concerns and stock futures sagged as investors rotated out of interest-rate sensitive technology stocks. Oil Hits Three-Year High as Gas Crunch Spills Into Crude Market.
S&P CoreLogic Case-Shiller Home Price Index for July; U.S. Government bond yields hit their highest level in three months and stock futures sagged as investors rotated out of interest-rate sensitive technology stocks. Some investors are recalibrating portfolios to prepare for the gradual end of the ultra-supportive monetary policies employed to see the economy through the worst of the coronavirus-driven downturn.
Stock Futures Slip Ahead of Fed Comments. U.S. stock futures ticked lower ahead of testimony on Capitol Hill from the leaders of the Federal Reserve and the Treasury Department on the state of the economic recovery. Fed's Powell Says Inflation Is Elevated but Likely to Moderate.
Germany GfK Survey; France Consumer Confidence; OPEC World Oil Outlook launch; Powell, Yellen testify to Senate Banking Committee; updates from Air France-KLM, TUI, Covestro, Aggreko, Smiths Group, Ferguson, Petrofac, United Utilities, Pennon, Adyen, Rentokil Initial. Worries about inflation, as oil prices continue to rise, will likely drag on European shares early Tuesday. In Asia, stocks struggled for direction; the dollar, Treasury yields and oil all extended gains, while gold edged...
Stocks Waver; Oil Prices Near Three-Year High. U.S. share benchmarks wobbled, bond yields rose and oil hit its highest level in nearly three years, as investors bet on further economic reopening but remained concerned about supply-chain disruptions. Fed's Williams: Tapering Bond Buying' May Soon Be Warranted'.
European markets rose as oil prices increase and as investors digest the outcome of the German elections. The DAX, Germany's benchmark stock index, rose 1% in the best intraday performance among Western European indexes. Germans voted for a new chancellor over the weekend.
Stock futures rose, and oil hit its highest level in nearly three years, as fears about China Evergrande Group' s debt problems waned and investors bet on further economic reopening from the pandemic. Stocks swung last week as fears about Evergrande's debt problems weighed on markets. Despite the Chinese property developer missing a bond coupon payment, the S&P 500 still finished the week up 0.5%.
Capital issuance; Bundesbank Monthly Report; Christine Lagarde appears at Committee on Economic and Monetary Affairs; no major earnings updates expected. Surging oil prices should boost the energy sector on Monday and support wider gains in European equities. In Asia, most stock indexes rose, but virus and Evergrande worries weighed on Chinese shares.
UK Retail Sales Slow as Pandemic, Brexit Weigh. U.K. retail sales rose at the weakest pace since March 2021 in the year to September as supply and labor shortages caused by the coronavirus pandemic and the U.K.' s exit from the EU weighed, a survey showed. Internet sales growth slowed in the year to September and growth in orders placed with suppliers also eased, according to the latest Confederation of British Industry monthly distributive trades survey of 126 companies, including 45...
News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.
PDF’s require Adobe® Reader® and will open in a new window.
Log In Required
