{"id":117112,"date":"2024-10-22T16:10:46","date_gmt":"2024-10-22T09:10:46","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=117112"},"modified":"2024-10-22T16:10:46","modified_gmt":"2024-10-22T09:10:46","slug":"stocks-bonds-dip-as-fed-and-election-risks-weigh-markets-wrap","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=117112","title":{"rendered":"Stocks, Bonds Dip as Fed and Election Risks Weigh: Markets Wrap"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p>(Bloomberg) &#8212; Treasuries steadied after Monday\u2019s selloff, while stock futures dipped as traders speculated over the path of US interest rates.<\/p>\n<p>Most Read from Bloomberg<\/p>\n<p>US futures retreated 0.2%, with the S&amp;P 500 set for its first back-to-back drop in six weeks. Europe\u2019s Stoxx 600 posted small moves. The yield on 10-year Treasuries added one basis point to 4.21% after yesterday\u2019s 11 basis-point surge. The dollar was little changed.<\/p>\n<p>Monday\u2019s bond declines came as investors pared back their expectations for Fed rate cuts after central bank officials indicated a preference for reducing rates at a slower pace. In addition, traders are weighing the inflationary impact of a possible Donald Trump presidential win, given his promised tax cuts and trade tariffs could ultimately entail faster price growth and higher rates.<\/p>\n<p>\u201cThis is very clearly linked to trading a victory of the Republicans \u2014 and therefore to an agenda which would be much more inflationist than that of the Democrats. We\u2019re in a market that is betting on Trump,\u201d said Christopher Dembik, senior investment adviser at Pictet Asset Management. \u201cThe rise in yields is starting to threaten equity markets.\u201d<\/p>\n<p>Bonds Are Selling Off Everywhere as Traders Rethink Fed Pathway<\/p>\n<p>Gold rose \u2014 approaching Monday\u2019s record high \u2014 with haven demand from traders paying attention to geopolitical risks, including conflict in the Middle East, and the US election. Oil fell after rising nearly 2% on Monday.<\/p>\n<p>Pictet\u2019s Dembik noted that the pressure on stocks from the bond market comes with Europe in the midst of a downbeat earnings season. So far about 47% of MSCI Europe companies reported results below expectations while only 27% delivered beyond, according to data compiled by Bloomberg Intelligence.<\/p>\n<p>Corporate Highlights:<\/p>\n<ul class=\"caas-list caas-list-bullet\">\n<li>\n<p>Germany\u2019s SAP rose as much as 5.6% after it delivered a beat on several key metrics in the third quarter and boosted some elements of its guidance for the full year.<\/p>\n<\/li>\n<li>\n<p>Hyundai Motor India Ltd. shares dropped in their Mumbai debut on Tuesday after the company raised $3.3 billion in the country\u2019s largest-ever initial public offering. IPOs for Tokyo Metro Co. and Horizon Robotics Inc. were met with robust demand.<\/p>\n<\/li>\n<\/ul>\n<p>Key events this week:<\/p>\n<ul class=\"caas-list caas-list-bullet\">\n<li>\n<p>ECB\u2019s Christine Lagarde is interviewed by Bloomberg Television, Tuesday<\/p>\n<\/li>\n<li>\n<p>BOE\u2019s Andrew Bailey as well as ECB\u2019s Klaas Knot and Robert Holzmann to speak at Bloomberg Global Regulatory Forum in New York, Tuesday<\/p>\n<\/li>\n<li>\n<p>Philadelphia Fed President Patrick Harker speaks, Tuesday<\/p>\n<\/li>\n<li>\n<p>Canada rate decision, Wednesday<\/p>\n<\/li>\n<li>\n<p>Eurozone consumer confidence, Wednesday<\/p>\n<\/li>\n<li>\n<p>US existing home sales, Wednesday<\/p>\n<\/li>\n<li>\n<p>Boeing, Tesla, Deutsche Bank earnings, Wednesday<\/p>\n<\/li>\n<li>\n<p>Fed\u2019s Beige Book, Wednesday<\/p>\n<\/li>\n<li>\n<p>US new home sales, jobless claims, S&amp;P Global Manufacturing and Services PMI, Thursday<\/p>\n<\/li>\n<li>\n<p>UPS, Barclays earnings, Thursday<\/p>\n<\/li>\n<li>\n<p>Fed\u2019s Beth Hammack speaks, Thursday<\/p>\n<\/li>\n<li>\n<p>US durable goods, University of Michigan consumer sentiment, Friday<\/p>\n<\/li>\n<\/ul>\n<p><button class=\"link caas-button readmore-button-finance collapse-button readmore-button-class\" data-ylk=\"elm:readmore;slk:Story continues\"><span class=\"readmoreButtonText\">Story continues<\/span><\/button><\/p>\n<p>Some of the main moves in markets:<\/p>\n<p>Stocks<\/p>\n<ul class=\"caas-list caas-list-bullet\">\n<li>\n<p>The Stoxx Europe 600 fell 0.1% as of 8:50 a.m. London time<\/p>\n<\/li>\n<li>\n<p>S&amp;P 500 futures fell 0.2%<\/p>\n<\/li>\n<li>\n<p>Nasdaq 100 futures fell 0.3%<\/p>\n<\/li>\n<li>\n<p>Futures on the Dow Jones Industrial Average fell 0.2%<\/p>\n<\/li>\n<li>\n<p>The MSCI Asia Pacific Index fell 1%<\/p>\n<\/li>\n<li>\n<p>The MSCI Emerging Markets Index fell 0.4%<\/p>\n<\/li>\n<\/ul>\n<p>Currencies<\/p>\n<ul class=\"caas-list caas-list-bullet\">\n<li>\n<p>The Bloomberg Dollar Spot Index fell 0.1%<\/p>\n<\/li>\n<li>\n<p>The euro rose 0.2% to $1.0834<\/p>\n<\/li>\n<li>\n<p>The Japanese yen was little changed at 150.97 per dollar<\/p>\n<\/li>\n<li>\n<p>The offshore yuan was little changed at 7.1334 per dollar<\/p>\n<\/li>\n<li>\n<p>The British pound rose 0.2% to $1.3007<\/p>\n<\/li>\n<\/ul>\n<p>Cryptocurrencies<\/p>\n<ul class=\"caas-list caas-list-bullet\">\n<li>\n<p>Bitcoin fell 0.3% to $67,493.66<\/p>\n<\/li>\n<li>\n<p>Ether fell 0.9% to $2,651.08<\/p>\n<\/li>\n<\/ul>\n<p>Bonds<\/p>\n<ul class=\"caas-list caas-list-bullet\">\n<li>\n<p>The yield on 10-year Treasuries advanced one basis point to 4.21%<\/p>\n<\/li>\n<li>\n<p>Germany\u2019s 10-year yield advanced four basis points to 2.32%<\/p>\n<\/li>\n<li>\n<p>Britain\u2019s 10-year yield advanced four basis points to 4.17%<\/p>\n<\/li>\n<\/ul>\n<p>Commodities<\/p>\n<ul class=\"caas-list caas-list-bullet\">\n<li>\n<p>Brent crude fell 0.8% to $73.73 a barrel<\/p>\n<\/li>\n<li>\n<p>Spot gold rose 0.5% to $2,734.17 an ounce<\/p>\n<\/li>\n<\/ul>\n<p>This story was produced with the assistance of Bloomberg Automation.<\/p>\n<p>&#8211;With assistance from Jason Scott, Winnie Hsu, Abhishek Vishnoi and Aya Wagatsuma.<\/p>\n<p>Most Read from Bloomberg Businessweek<\/p>\n<p>\u00a92024 Bloomberg L.P.<\/p>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/finance.yahoo.com\/news\/asian-stocks-set-decline-wall-222735670.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) &#8212; Treasuries steadied after Monday\u2019s selloff, while stock futures dipped as traders speculated over the path of US interest rates. Most Read from Bloomberg US futures retreated 0.2%, with &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=117112\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-117112","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/117112","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=117112"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/117112\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=117112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=117112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=117112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}