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Wall Street’s sell-off continues


Treasury bond yields rose slightly, with the 10-year bond reaching 3.12%, although still well below the peak levels reached in mid-June when it hit 3.49%.

Adding to the already gloomy market environment, another factor of concern was the news of an attack by Taiwan on a Chinese drone that had entered the country's airspace. After this, the indices experienced additional falls. A worsening of the geopolitical situation in this world could significantly aggravate the market risk sentiment.

Today the ADP non-farm employment figure will be published, which may have repercussions on the market if it deviates from the forecasts. It is considered a precursor to the most relevant employment figure published this Friday.

Source: https://capex.com/en/overview/wall-streets-sell-off-continues
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