The US stock market at 9 continued to fall. Against the background of mixed strengths and weaknesses, price movements were sharp as they became nervous about the period of contraction of monetary easing measures. The mutant delta of the new coronavirus is uncontrollable and has a negative impact on global economic growth.
The S&P 500 index fell for four consecutive working days. There was a scene where it approached the highest price at one point, but the increase was erased.
S&P 500 decreased by 0.5% from the previous day to 4443.28. The Dow Jones industrial average was down $ 151.69 (0.4%) at $ 34879.38. The Nasdaq Composite Index fell 0.3%.
The market for US funds is growing. The market became dominant due to strong demand for 30-year bond auctions. From 4:52 p.m. New York time, 10-year bond yields fell 4 basis points (bp, 1bp = 0.01%) to 1.30%.
Last weekThe number of new US unemployment insurance claims has fallen sharply since late June, indicating that the job market continues to recover. On the other hand, there are growing signs that the spread of Delta mutants will hinder economic recovery.
Chris Zakarelli, chief investment officer of the Independent Advisor Alliance, said afternoon sales of shares and US bond auctions had taken place. He explained that in the US bond market, markets rose after the auction and yields fell.
In addition, “I believe that US economic growth is slowing in the market. There is concern that Delta mutations are affecting consumer trends and may also affect business trends.”
The euro is rising against the dollar in the foreign exchange market. The dollar fell as bond yields fell worldwide following a 30-year US bond auction. The European Central Bank (ECB) has announced plans to slow bond yields.
The Bloomberg Dollar Spot Index, which shows the movement of the dollar against the 10 major currencies, fell 0.2%. From 4:53 p.m. New York time, the dollar fell 0.5% against the yen to 1 dollar = 109.73 yen. The euro strengthened 0.1% against the dollar to 1 euro = 1.1823 dollars.
New York crude futures prices have fallen. It was a big drop for the first time in almost three weeks. China aims to control pricesThe release of strategic crude oil reserves was considered important.
October futures for West Texas Intermediate (WTI) futures on the New York Mercantile Exchange (NYMEX) close at $ 68.14 a barrel, down $ 1.16 (1.7%) from the previous day . The November contract for the Brent North Sea in London ICE is reduced by $ 1.15 to $ 71.45.
The New York Gold Market is recovering. The ECB has decided to slow down the pace of bond markets and has taken steps to digest the further recovery of the US labor market. The New York Board of Trade (COMEX)’s December gold futures contract expired at just $ 1,800 an ounce, up 0.4% from the previous day.
Original title:US stocks fall with worries rising
Treasury Bull-Flatten as Strong 30-Year Bond Sale Spurs Rally 粋 抜 粋
Euro recovers from previous losses, the dollar weakens: inside the G-10 （抜 粋 粋
Oil fall after China exploits crude reserves to reduce energy costs （抜 抜
Gold Wavers as Traders Digest ECB Bond Market, US Unemployment Data （抜 抜
(Update the offers and add the comments of the market participants)