The US100 technology index broke below the key support level of 13,000 pts, which was tested several times in recent days as well as in February and March. The opening on Wall Street brings additional volume in the market, although this could probably be related to further liquidation of the market positions. Next major support can be found around 12,250 pts , where lows from March 2021 are located. The US100 already fell over 2.0% today.
Source: xStation5
Daily Summary: Wall Street Under Pressure as U.S. Bond Yields Rise Above 5%
US Open: 10-Year Treasury Yield Breaks Above 5% as Wall Street Comes Under Pressure Ahead of Fed Decision
Will Trump dissuade Fed from a rate hike? [FOMC Preview]
Market wrap: European indices recover losses after a weak open 🔼 EURUSD falls below key support