The first opening bell on Wall Street this week brings declines on the major benchmarks of the US stock market. Investors are viewing Wednesday's FOMC decision on an interest rate hike with uncertainty. Yields on 10-year U.S. bonds today momentarily broke above the 3.5% barrier, a level not seen since 2010.
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile appThe market is now pricing a 22% chance of a 100 basis point rate hike at the Fed's September meeting. Source: Bloomberg
US index quotes. Source: xStation 5
Compiled charts of the US500 and VIX index on the D1 interval. The benchmark of technology companies starts today's session lower. The VIX fear index is gaining nearly 2% today. Source: xStation 5
News:
-
The apparent weakness in the cryptocurrency market earlier this week is putting pressure on listed companies in the industry. Shares of Coinbase (COIN.US) and MicroStrategy (MSTR.US) are trading down more than 5% today.
-
Adobe Systems (ADBE.US) shares were downgraded by Weels Fargo bank to an "equal weight" rating from an earlier "overweight" rating. The company's shares are trading down more than 1% today.
-
Wix (WIX.US) shares are gaining more than 4.5% early in the session after Starboard Value (an activist investor) unveiled itself with a 9% stake in the company.
-
Take-Two Interactive (TTWO.US) shares are losing more than 6% today following leaked footage of the upcoming Grand Theft Auto VI game.
News from US companies. Source: Bloomberg
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
