The Asian markets tracked the US equity markets into negative territory. The Middle East conflict continued to weigh on market risk appetite. Fears of a wider regional conflict impacted the US equity markets on Friday.
A pullback in 10-year US Treasury yields failed to calm the markets, with yields remaining elevated by historical standards.
On Friday, the Dow fell by 0.86%, with the Nasdaq Composite Index and S&P 500 seeing losses of 1.53% and 1.26%. The losses set the tone for the Monday session.
There were no Asian region economic indicators to distract investors from the Middle East conflict. Another spike in 10-year US Treasury yields added to the market gloom.
A pullback in 10-year US Treasury yields failed to calm the markets, with yields remaining elevated by historical standards.
On Friday, the Dow fell by 0.86%, with the Nasdaq Composite Index and S&P 500 seeing losses of 1.53% and 1.26%. The losses set the tone for the Monday session.
There were no Asian region economic indicators to distract investors from the Middle East conflict. Another spike in 10-year US Treasury yields added to the market gloom.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.