Market reports from ShareCast
US close: Dow Jones closes more than 800 points lower as higher bond yields spook investors
Wed 10 October 2018 22:24
(Sharecast News) - US stocks got battered on Wednesday as concerns over bond markets and a struggling technology sector sunk the Dow more than 800 points, led the S&P 500 towards its longest losing streak in two years and caused the Nasdaq to record its b
London close: Rising bond yields, trade worries give investors indigestion
Wed 10 October 2018 17:10
(Sharecast News) - London stocks finished sharply lower on Wednesday as investors continued to digest a move higher in government bond yields around the globe against a backdrop of ongoing trade tensions, even as Sterling gained on the back of a stronger-
Europe midday: Banks lead, tech slides, Salvini defiant
Wed 10 October 2018 11:56
(Sharecast News) - Stocks have come off their session lows, thanks to another sharp reversal in Italian government bonds after one of the country's deputy Prime Ministers, Matteo Salvini, promised tax breaks for those who purchase debt issued by the count
Asia report: Markets unshaken as Mnuchin warns China over devaluation
Wed 10 October 2018 10:49
(Sharecast News) - Markets across Asia remained largely steady on Wednesday as US treasury secretary Steve Mnuchin warned China against deliberate devaluation of the yuan as trade disputes between the two countries continue.
Europe close: Technology and Basic Resources pace losses amid yield jitters
Wed 10 October 2018 09:31
(Sharecast News) - Stocks on the Continent sustained heavy losses on Wednesday, with Basic Resources and Technology sustaining the brunt of the losses amid concerns around trade, rising government bond yields and Italy.