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 rose nearly 5 basis points to above 4.27% on Friday, continuing this week’s upward trend amid speculation that President Donald Trump will nominate former Fed Governor Kevin Warsh as the next Federal Reserve chair. Trump said Thursday night that he would announce his pick on Friday morning, with markets favoring Warsh, who is viewed as a more hawkish contender. Other potential candidates, including Fed Governor Christopher Waller and BlackRock CIO Rick Reider, are seen as more dovish options. Earlier this week, the Fed held its policy rate steady as expected, though two FOMC members dissented in favor of a 25-bps rate cut. Meanwhile, the White House and Senate Democrats reached a provisional agreement to avert a US government shutdown.
