The declines were recorded in Asia and Europe and are affecting Wall Street futures.
The declines were recorded in Asia and Europe and are affecting Wall Street futures.
Photo: Reuters
The European stocks and the futures of US stocks fell on Thursday after turbulent sessions in Asiaas investors struggled to find their footing in a hectic week for markets.
He and in and the US bonds rose as traders awaited weekly jobless claims data unemployment in the united stateswhich took on additional importance after the weak figures of employment helped trigger Monday’s market plunge.
He Stoxx 600 European stocks fell 0.9% after rising 1.5% on Wednesday. The German index DAX fell 0.6% and Britain’s FTSE 100 fell 1%.
Futures of S&P 500 U.S. stocks were down 0.2%. The index fell 0.8% the day before, after giving up gains of as much as 1.7% in morning trading.
“When a shock occurs, volatility “If you have a situation like this and you get some unravelling in certain positions, you’re very prone to sudden reversals and also some degree of unrest as the tightening continues,” said Erik Nelson, macro strategist at Wells Fargo“I’d be surprised if we ever got everything right again,” he said.
The index Nikkei of Japan It went from initial losses of up to 2.5% to gains of 0.8% before ending with a drop of 0.7%.
Last week’s weak US jobs data was combined with a dramatic rebound in the and in Japanese and concerns about a artificial intelligence bubble to bring down the stocks.
The S&P 500 fell 3% on Monday and is down 2.8% for the week, though it is still about 9% higher so far this year.
Source: Ambito
