Top.Mail.Ru
empty
03.08.2023 02:27 PM
US premarket on August 3: US stock market continues to decline

Futures on US stock indexes opened with a sharp drop. S&P 500 futures decreased by 0.5% but partially recovered from the downside movement, while Nasdaq 100 futures tumbled by 0.6%. Treasury bonds are also under pressure, leading to a nine-month high in 10-year bond yields.

This image is no longer relevant

The rapid rise in Treasury bond yields over the past four days has negatively affected risk assets, as investors returned to interest rate concerns. Recent economic data related to the job market and today's report on unemployment claims may trigger a larger sell-off in the stock markets. Investors will closely monitor the earnings reports of Apple Inc. and Amazon.com Inc. later, which are likely traders' only hope for market recovery in the current conditions.

Considering the recent rally of US stocks, especially Nasdaq, sensitivity to yield increases remains. Every time yields rise, it leads to corrections in the stock markets, as shown in recent days when strong job market news led investors to expect an aggressive policy by the US Federal Reserve. As a result, the 10-year Treasury yield rose by five basis points to 4.13%. Sales followed discussions that the US Treasury will issue securities worth $103 billion next week, slightly more than anticipated. It is not surprising that earlier this week, Fitch Ratings downgraded the US credit rating to AA+ due to the country's relatively high budget deficit compared to GDP.

Some believe that long-term debt appears overbought in terms of supply and demand, and it is difficult to foresee how the market will handle increased issuance without significant interest rate hikes in the future.

Regarding the European market, the Stoxx 600 index showed its sharpest three-day decline since March. Infineon Technologies AG shares fell by 12% after disappointing forecasts from the German chipmaker. Deutsche Lufthansa AG shares declined due to debt concerns and higher company expenses.

This image is no longer relevant

The Bank of Japan had to intervene again in the bond market to slow down the rise in sovereign bond yields, demonstrating its commitment to curbing sharp rate surges, even if it allows some room for their growth. The yen strengthened against the US dollar by 0.3%.

As for the S&P 500 index, demand for the trading instrument remains relatively low. Bulls have a chance to continue the uptrend, but they need to return the price above $4,515. From that level, there could be a surge to $4,539. Another priority for bulls will be to control $4,557, which would strengthen the bullish market. In case of a decline due to reduced risk appetite, bulls should protect $4,488. A breakthrough of this level may quickly push the trading instrument back to $4,469 and $4,447.

Jakub Novak,
Especialista em análise na InstaForex
© 2007-2025
Selecionar intervalo de tempo
5
min
15
min
30
min
1
hora
4
horas
1
dia
1
s.
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO

Recommended Stories

Mercado de ações dos EUA em 16 de abril: S&P 500 e NASDAQ voltam a cair

Após a sessão regular anterior, os índices de ações dos EUA fecharam ligeiramente em baixa. O S&P 500 caiu 0,17%, o Nasdaq 100 caiu 0,05% e o Dow Jones Industrial

Jakub Novak 17:30 2025-04-16 UTC+2

Mercado dos EUA permanece resiliente apesar da turbulência tarifária de Trump

S&P 500 Perspectiva para 16 de abril O mercado dos EUA permanece resiliente apesar da turbulência tarifária de Trump Principais índices dos EUA na terça-feira: Dow -0,4%, NASDAQ 0%, S&P

Jozef Kovach 14:18 2025-04-16 UTC+2

Mercado de ações dos EUA em 15 de abril: S&P 500 e NASDAQ diminuem seus ganhos

No fechamento da sessão regular anterior, os índices de ações dos EUA terminaram em território positivo. O S&P 500 subiu 0,79%, enquanto o Nasdaq 100 ganhou 0,64%. O Dow Jones

Jakub Novak 18:27 2025-04-15 UTC+2

O mercado dos EUA está em uma situação delicada: em alta ou em baixa?

Perspectiva para 15 de abril O mercado dos EUA está em uma situação delicada: em alta ou em baixa? Principais índices dos EUA na segunda-feira: Dow +0,8%, NASDAQ +0,6%, S&P

Jozef Kovach 17:42 2025-04-15 UTC+2

S&P 500 e Nasdaq 100: sinais diretos dos lucros e da geopolítica

A pré-abertura desta terça-feira começa em meio à incerteza — um estado que, em Wall Street, muitas vezes antecede a tempestade, e não a calmaria. Os futuros do S&P

Anna Zotova 14:43 2025-04-15 UTC+2

Os mercados dependem das ações de Trump: a calma parece ser uma fantasia

Os mercados globais foram sacudidos por um turbilhão de tarifas, e o centro da tempestade está mais uma vez em Washington. Com um simples gesto de sua caneta, Trump consegue

Аlena Ivannitskaya 18:28 2025-04-14 UTC+2

Mercado de ações dos EUA ganha terreno com Trump adiando tarifas sobre alguns itens

S&P500 Instantâneo dos índices de ações de referência dos EUA na sexta-feira: * Dow Jones: +1.6% * NASDAQ: +2.1% * S&P 500: +1,8%, agora em 5.268, negociado em uma faixa

Jozef Kovach 17:46 2025-04-14 UTC+2

Atualização do mercado de ações dos EUA em 14 de abril. SP500 e NASDAQ se recuperam em meio à pausa nas tarifas sobre eletrônicos

Os principais índices de ações dos EUA fecharam a sessão regular de sexta-feira em alta. O S&P 500 subiu 1,81%, enquanto o Nasdaq 100 avançou 2,06%. O índice Dow Jones

Jakub Novak 17:26 2025-04-14 UTC+2

Atualização do mercado acionário dos EUA em 11 de abril. Grande recuo após forte alta. O mercado recupera a consciência.

S&P500 Instantâneo dos índices acionários de referência dos EUA na quinta-feira: * Dow -2.5%, * NASDAQ -4.3%, * S&P 500 -3,5% O S&P 500 fechou em 5.268, dentro da faixa

Jozef Kovach 18:38 2025-04-11 UTC+2
Não pode falar agora?
Faça sua pergunta no chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.