Asia close: The Nikkei fell 5.96% to close at 57,435, while South Korea’s KOSPI fell 6.02% to 5,060, both closing almost at their morning lows. A-shares held up relatively better, but trading volume dried up—the Shanghai Composite fell 1.10% to close at 3,649, with turnover across the two markets at 1.67 trillion yuan, down 463.5 billion yuan from yesterday; the ChiNext fell 3.96%, and the STAR 50 fell 2.60%.
European markets opened down around 0.5%–1%. Nasdaq futures rebounded about 0.9% in the morning, but have now almost given up those gains; Dow futures are still down around 1%. The 10-year U.S. Treasury yield is around 4.84%.
Tonight at 21:30: nonfarm payrolls (forecast: around 60,000). Has the market’s shakeout in Asia run its course, or is this just the first leg?
#美股 #Macro
Not investment advice
European markets opened down around 0.5%–1%. Nasdaq futures rebounded about 0.9% in the morning, but have now almost given up those gains; Dow futures are still down around 1%. The 10-year U.S. Treasury yield is around 4.84%.
Tonight at 21:30: nonfarm payrolls (forecast: around 60,000). Has the market’s shakeout in Asia run its course, or is this just the first leg?
#美股 #Macro
Not investment advice