
Please try another search
(Reuters) - European stock index futures fell more than 1% on Friday following steep losses on Wall Street in the previous session as a jump in bond yields and concerns of lofty equity valuations hammered demand for risky assets.
Euro Stoxx 50 futures were down 1.6% by 0606 GMT, while FTSE futures and DAX futures lost 1.2% and 1.3%, respectively.
In Asian trading, stocks skidded to one-month lows and the dollar rose from a three-year trough as the 10-year Treasury yield hit a one-year high of 1.614%, sparking fears the heavy losses could trigger distressed selling in other assets.
On Wall Street, futures tracking the Nasdaq 100 shed 0.6%, a day after the Nasdaq Composite posted its biggest daily percentage fall in four months, with growth-oriented technology stocks bearing the brunt of the sell-off. S&P e-mini futures were down 0.2%.
By Hyunjoo Jin and Nichola Groom (Reuters) -Billionaire entrepreneur Elon Musk on Thursday offered inventors $100 million in prize money to develop ways to fight global warming by...
By David Randall, Lewis Krauskopf and Stephen Culp NEW YORK (Reuters) - Wall Street is skeptical President Joe Biden's expected proposal to hike capital gains taxes could pass the...
Netflix (NASDAQ:NFLX) and AMD (AMD) have endured corrections in recent weeks. Should investors buy the dip or is this a new bear market? Taylor Dart makes the case for buying the...
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.