Stocks Down; Volatility Continues to Affect Global Markets

(Bloomberg) Volatility continued to dominate global markets as investors assessed geopolitical developments. US actions failed to sustain the gains that reached 1% earlier in the day. Oil fell briefly below US$100 a barrel after a recent increase that caused inflation fears. 10-year yields on Treasury bonds reached the highest level since 2019.

Here are some of the main movements in the markets:

Shares

• The S&P 500 fell 0.7% at 4:00 New York time
• The Nasdaq 100 is down 1.9%
• The Dow Jones Industrial Average registered little change
• The MSCI World index fell 0.8%

Currencies

• The Bloomberg Dollar Spot Index rose 0.2%
• The euro rose 0.3% to US$1.0948
• The British pound fell 0.3% to US$1.3003
• The Japanese yen fell 0.8% to 118.19 per dollar

Bonds

• The yield on 10-year Treasury bonds rose by 15 basis points to 2.14%
• Germany's 10-year bond yield rose 12 basis points to 0, 37%
• UK 10-year bond yields advanced 10 basis points to 1.59%

commodities

• West Texas Intermediate crude fell 6.7% to US$102.04 a barrel
• Gold futures fell 1.5% to $1,955.70 an ounce

Original Note:

Stocks Drop as Nasdaq 100 Over Down 20% From Peak: Markets Wrap

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