Market news
05.02.2018, 06:35

Global Stocks

European stocks dropped for a fifth straight session on Friday, with the German market leading the charge south after Deutsche Bank posted a bigger-than-expected loss in the fourth quarter. A continued rise in bond yields also weighed on European equities, sparking a pullout of money from stocks after solid U.S. labor market data stoked fears of rapidly rising inflation.

Dow futures fell more than 200 points Sunday, following steep losses on Wall Street last week. Dow Jones industrial average futures YMH8, -0.45% were last down 194 points, or 0.7%, after being down as much as 250 points earlier in Sunday trading. S&P 500 futures ESH8, -0.24% were last down 12.70 points, or 0.4%, and Nasdaq futures NQH8, -0.17% fell 23.75 points, or 0.4%, recovering somewhat from deeper losses earlier.

The global stock-market rout continued Monday in Asia, with indexes in Japan and Taiwan down more than 2% following heavy selling in the U.S. and Europe on Friday. "Everyone is getting cautious," said Hisao Matsuura, chief strategist at Nomura Japan. He said the continuing rise in global bond yields caught investors unaware, weighing on stocks.

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location