US stock markets fell on Tuesday after oil prices fell, with the S&P 500 index falling 0.2% after hitting records. Fears of weak demand due to the slowdown of the Chinese economy, as well as losses in insurance and energy companies, amid market volatility.
UnitedHealth Group shares fell 7.9% despite reporting better-than-expected results, cutting its earnings forecast. This downturn had a major impact on investor sentiment in the healthcare sector, which saw… Variations Recently seen.
Continued optimism with some companies
Despite these declines, there were positive signs from the financial sector. The results of some companies contributed to keeping the S&P 500 and Dow close to record numbers. Bank of America recorded a rise of 1.5% after its president reported that the bank benefited from higher loans and banking fees. Charles Schaap shares also rose 5.9% after receiving strong financial results.
Developments in the bond market
In the bond market, government bond trading resumed after the holiday on Monday, as yields fell following a lower-than-expected manufacturing report in New York State. The 10-year bond yield fell to 4.04%, reflecting growing concerns about the impact of higher interest rates on… Economy.
ChallengesGlobal markets
Globally, it was seen Chinese sources A sharp decline, as doubts about the government’s ability to provide enough fiscal stimulus to support the world’s second-largest economy has unsettled investors. The Shanghai index fell 2.5%, while the Hang Seng in Hong Kong saw a decline of 3.7%.
While indicators elsewhere in Asia and Europe continue to fluctuate, investors remain hopeful of impending economic changes, reflecting the current uncertainty. in… Global markets.
2024-10-15 17:31:00
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