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 Market
The yield on the 10-year US Treasury note fell to 4.71% on Monday, retreating after two consecutive sessions of gains as investors turned their attention to Federal Reserve Governor Kevin Warsh’s speech at the Jackson Hole symposium. Investors will be parsing Warsh’s remarks on Friday for clues about the Federal Reserve’s response to persistent inflation, which remains above the central bank’s 2% target, alongside mounting fiscal concerns, with US federal debt surpassing $40 trillion. Last week, the Treasury Department unveiled plans to at least double buybacks of longer-dated securities in a bid to improve market functioning, though the move provided only temporary relief from the bond selloff. Meanwhile, investors will also closely watch Wednesday’s release of the July personal consumption expenditures (PCE) price index, the Fed’s preferred inflation gauge for fresh insight into underlying price pressures.
