Pressure arose for European stocks, but especially for the Nasdaq-100 futures on Friday, as Treasury yields resumed their rise.
The Stoxx Europe 600 SXXP Index,
it fell 0.5% to 423.13 after a four-session winning streak. The German DAX DAX,
fell 0.3%, while the French CAC 40 PX1,
and the FTSE 100 UKX indices,
they were planes. The EURUSD euro,
and free GBPUSD,
fell against the DXY dollar,
which was strengthened in general.
A familiar scenario appeared for investors, with the future Nasdaq-100 NQ00,
falling more than 1% as a 10-year U.S. Treasury TMUBMUSD10Y yield,
rose 6 basis points to 1.58%, a day after falling below 1.5% for the first time in a week. Dow futures YM00,
fall and futures S&P 500 ES00,
fell 0.5%.
European and US equities rose Thursday after President Joe Biden signed a $ 1.9 trillion stimulus law and the European Central Bank said it would speed up its bond-buying plan as it continues to fight. against the effects of the pandemic on economies.
Read: The ECB has just fired on rising bond yields, leaving traders unaware
Although the ECB’s position boosted the region’s bond gains on Thursday, those assets were back under some pressure on Friday. The ten-year German government debt produces TMBMKDE-10Y,
increased 2 basis points to 0.308% negative. The performance of British gold gold TMBMKGB-10Y at 10 years,
increased 4 basis points to 0.781%. Yields move in the opposite direction to prices.
The data showed that the UK economy shrank by 2.9% in January, with a weakness led by the services sector amid blockages and as new Brexit trade agreements reached exports, he said. Friday the Office for National Statistics.
Among the stocks on the move, technological weakness was shown in Europe, with shares of ASML Holding ASML,
ASML,
and STMicroelectronics STM,
STM,
each falls at least 1%.
Burberry BRBY,
shares jumped 7% after the luxury goods group forecast fiscal revenues for 2021 and adjusted operating profit to anticipate expectations.