According to the latest data, the S&P 500 Index futures decreased by 1.8%, the Stoxx Europe 600 Index fell 0.5%, while the MSCI Asia Pacific Index and MSCI Emerging Market Index decreased by 1.7% and 1.3%, respectively.
The Bloomberg Dollar Spot Index gained 0.1%, while the euro eased 0.1% to $1.1829. The British pound lost 0.5% to $1.3209.
The Japanese yen and offshore yuan remained almost intact. The Japanese yen stands at 106,23 per dollar, while offshore yuan contains 6,8357 per dollar.
The yield on 10-year Treasuries added eight basis points to 0.72%. The yield on two-year Treasuries added two basis points to 0.14%, while Germany’s 10-year yield, as well as Britain’s 10-year yield boosted three and four basis points, respectively.
The S&P 500 and Nasdaq 100 index eased
The Europe Stoxx 600 opened higher on Monday with enormous gains across industry groups. The dollar index boosted, while oil extended a retreat under $40 a barrel after Saudi Arabia cut pricing. Treasury yields changed a little.
The S&P 500 has dipped 4.3% over the last two sessions, though it remains 53% from its March. The Nasdaq 100 Index eased 6.4% over August 3 and August 4. Nasdaq 100 futures eased 2.1% in early Asian trading Monday.
According to the technical strategist Robert Sluymer, there’s a risk of a further downdraft.
Shares dropped in Japan and China, while Australia and South Korea boosted. SoftBank Group Corporation shares fell 7% after reports that the Japanese conglomerate made bets on options trades linked to United States tech stocks.
Since June last week, global equities have declined as investors doubt whether equities have gained too briskly, and valuations are reaching maximum. U.S. technology shares were changing at the end of the week. According to reports, enormous options bets were fanning their gains.
