Passa ai contenuti principali

Stock Market Today: Dow, S&P Live Updates for January 8, 2020 - Bloomberg

Stock Market Today: Dow, S&P Live Updates for January 8, 2020 - Bloomberg

https://www.bloomberg.com/news/articles/2020-01-07/asia-stock-futures-mixed-s-p-500-slips-dollar-up-markets-wrap?srnd=markets-vp

U.S. Stock Futures Drop as Iran Retaliation Starts: Markets Wrap

  • Geopolitical tensions loom over markets on Wednesday

    • U.S. stock futures declined after Iran reportedly started an attack on a military base in Iraq hosting American troops, escalating tensions in the Middle East. Treasury futures and the yen rose.

    Futures on the S&P 500 Index dropped more than 1%. Oil prices surged as Iran state TV said it started operation "Martyr Soleimani" at dawn with several rockets being fired at the Ayn al-Asad base. Australian shares fell, and Australian bond yields slid as the Asian trading session got going Wednesday. Gold advanced.

    "It is frightening to think about the possible range of outcomes with this," Di Zhou, a fund manager at Thornburg Investment Management Inc., told Bloomberg TV. "We are closely monitoring this evolving."

    S&P 500 futures fall, oil jumps as Iran says attacks Iraq base

    Cautious is returning to markets amid signs hostilities are moving on to the next stage following the killing of a top Iranian military leader by the U.S. last week. Meantime, investors continue to weigh developments on the trade front with the first phase of the U.S.-China trade deal expected by many to be signed on Jan. 15.

    Markets Weigh Patience and Panic in Wake of U.S.-Iran Tension

    Bob Doll, chief equity strategist and senior portfolio manager at Nuveen, and Mithra Warrier, managing director at TD Securities, examine market reaction to the U.S. airstrike in Iraq that killed one of Iran's top generals.

    Here are some events to watch for this week:

    • Federal Reserve officials Richard Clarida, John Williams, James Bullard and Charles Evans speak on Thursday.
    • The U.S. monthly employment report is due Friday.

    These are moves in major markets:

    Stocks

    • Futures on the S&P 500 Index slid 1.2% as of 8:41 a.m. in Tokyo. The underlying gauge fell 0.3% on Tuesday.
    • Futures on Japan's Nikkei 225 slid 0.5% earlier.
    • Australia's S&P/ASX 200 Index was down 0.5%.

    Currencies

    • The yen rose 0.4% to 108.02 per dollar.
    • The offshore yuan traded at 6.9465 per dollar.
    • The Bloomberg Dollar Spot Index increased 0.3% Tuesday.
    • The euro bought $1.1151.

    Bonds

    • The yield on 10-year Treasuries rose one basis point to 1.82% Tuesday. Futures climbed 0.4% in early trading.
    • Australia's 10-year yield fell about seven basis points to 1.14%.

    Commodities

    • West Texas Intermediate crude jumped 2.9% to $64.57 a barrel.
    • Gold rose 1.1% to $1,591.93 an ounce.

    — With assistance by Cormac Mullen, and Haidi Lun



    Inviato da iPhone

    Commenti

    Posta un commento

    Post popolari in questo blog

    Fwd: The Looming Bank Collapse The U.S. financial system could be on the cusp of calamity. This time, we might not be able to save it.

    After months  of living with the coronavirus pandemic, American citizens are well aware of the toll it has taken on the economy: broken supply chains, record unemployment, failing small businesses. All of these factors are serious and could mire the United States in a deep, prolonged recession. But there's another threat to the economy, too. It lurks on the balance sheets of the big banks, and it could be cataclysmic. Imagine if, in addition to all the uncertainty surrounding the pandemic, you woke up one morning to find that the financial sector had collapsed. You may think that such a crisis is unlikely, with memories of the 2008 crash still so fresh. But banks learned few lessons from that calamity, and new laws intended to keep them from taking on too much risk have failed to do so. As a result, we could be on the precipice of another crash, one different from 2008 less in kind than in degree. This one could be worse. John Lawrence: Inside the 2008 financial crash The financial...
    Posta un commento
    Continua a leggere

    3 Reasons Why Gold Will Outperform Equities And Bonds

    3 Reasons Why Gold Will Outperform Equities And Bonds https://www.forbes.com/ 3 Reasons Why Gold Will Outperform Equities And Bonds For centuries, gold has played a major role in human history and has become interwoven into the financial fabric of society. Beyond its investment following, gold has become synonymous with wealth. Historically, gold's early use cases revolved around money – a form of "medium of exchange". After the second world war however, several countries and their respective currencies, started to shift away from the gold standard and migrated towards a fiat currency system. Today, gold remains largely a "Store of Value", and due to its unique properties and large number of use cases, it has managed to distance itself from other asset classes in terms of correlation, demand / supply drivers, and investment purpose. Gold's idiosyncrasies function as a double-edged sword, as it is challenging to predict ...
    Posta un commento
    Continua a leggere

    China Market extends fall on talks of less stimulus

    Headline indices of the Mainland  China  equity market closed down for second straight day on Tuesday, 23 April 2019, as profit booking selloff continued after a flurry of comments from policymakers signaled they're less comfortable about adding stimulus. At closing bell, the benchmark Shanghai Composite Index declined 0.51%, or 16.45 points, to 3,198.59 The Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 1.32%, or 23.05 points, to 1,728.86. The blue-chip CSI300 index shed 0.16%, or 6.60 points, to 4,019.01.  Top-ranking policymaking bodies including the Politburo, the State Council, the central  bank  and the  Central Financial and Economic Affairs Commission  have all held meetings in the last two weeks.  China  should fine-tune monetary policy in a pre-emptive way based on economic growth and price changes, according to a top-level meeting reports chaired by  President  Xi Jinping.  Monetary po...
    Posta un commento
    Continua a leggere