Global equity markets are trading lower today, being pressured by poor performance of tech stocks. Tech US100 is the worst performing US index as it drops 1.4% while small-cap US2000 declines 1.1%.
Later in the day, investors' attention will focus on Federal Reserve Chairman Jerome Powell's congressional testimony on the Semiannual Monetary Report (3:00 pm GMT). Central banker is likely to be questioned about his opinion on fiscal stimulus but markets will look out for comments on recent increase in US yields.

3 markets to watch next week - (17.10.2025)
US100 tries to recoverđź—˝Sell-off hits uranium stocks
DE40: European markets decline due to concerns about the U.S. banking sector
Morning wrap (17.10.2025)