US tech stock remained under pressure, the NASDAQ down 0.6% to a one-month low, and the broader S&P500 unchanged. Some of that sentiment rippled to bond yields, while currencies were little changed.

Equity markets flipped back to a risk averse mood, the S&P500 down 1.5%. The defensive US dollar rose, and bond yields and commodities fell. Ongoing negative factors included lofty valuations, Covid uncertainty, the upcoming US election, Brexit, and US-China relations.

Equity markets rebounded overnight, as bargain hunters bought cheapened tech stocks, the S&P500 currently up 2.4%. The defensive US dollar is lower, and bond yields are higher.

Markets were in a risk averse mood overnight, the S&P500 falling 2.3% to a one-month low. The defensive US dollar rose, and bond yields fell. There were no obvious news catalysts for the moves.

Markets were mostly contained during the US holiday, apart from the GBP which fell amid news that the UK government is intending to change the Brexit withdrawal agreement.

Sentiment was mixed, with US equities falling (S&P500 -0.8%) but US bond yields rising. The AUD and NZD closed little changed. US jobs data was better than expected.

US equity indices reversed sharply, the S&P500 falling 4.0%, amid stretched valuations and technicals. That risk-averse mood spilled over to the AUD and NZD, and bond yields fell.

US equity indices accelerated to fresh record highs, the S&P500 currently up 1.2%. The US dollar rose, while bond yields fell. The main catalyst appears to be expectations that central bank stimulus will persist for a long time. Comments from Fed and BoE members overnight supported that belief.

US equity indices made fresh record highs, led by tech stocks. The S&P500 is up 0.5%, the NASDAQ +1.3%. The US dollar rose, partly due to solid US manufacturing data contrasting with disappointing Eurozone inflation data, while bond yields fell.

The S&P500 nudged 0.1% to a fresh record high, the slower rise partly attributed to news that China may try to block the sale of TikTok in the US. The US dollar and bond yields fell slightly.