Dow Jones down 147 points (-0.46%). Not a bad performance considering at one point it was down 421 points. It was up 38 points at best. NASDAQ down 1.73% (ouch) with the S&P 500 down 1.04%. The STOXX 600 index was down 0.93%, Germany down 0.95%. US bond yields rose yet again, quite savagely unfortunately. US 10 year bond yield up 8bp and the two-year up 14bp. The US dollar also (irritatingly) jumped a massive (massive!) 1.42% overnight taking the Aussie dollar down to 62.92c.

Catch up on the latest news with Marcus Padley’s Pre-Market Podcast.

Why not sign up for a free trial? Get access to expert insights and research and become a better investor.