S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketThe yield on the 10-year US Treasury note fell to around 4.16% on Wednesday, pulling back after testing the September highs in the previous session, as investors continued to bet on further Federal Reserve easing next year. Market pricing reflects expectations for up to two additional rate cuts in 2026. This comes despite initial Q3 GDP data showing the US economy grew at a 4.3% annualized rate, well above the 3.3% forecast and marking the fastest expansion in two years. The strong reading counters worries that tighter financial conditions had slowed the labor market, supporting arguments from Fed officials advocating a more hawkish stance. Policymakers’ median projection still points to one rate reduction in 2026. Bond trading will close early today and remain shut on Thursday for the Christmas holiday.
