Global markets across Europe just closed at their lowest levels of the day. The London stock market FTSE 100 fell 2.1%, the French stock market CAC 40 fell 1.9%, the German stock market DAX lost 1.2%, the Spanish stock market IBEX 35 retreated 0.9% and the Italian FTSE MIB fell 1.0%.
As Japan got plunged, European stocks markets are now trading at six-week lows. Meanwhile, in the United States, the Dow Jones Industrial Average is down 1.2% (off 180 points), and is now trading at 14,991.
All stocks being sucks, The S&P 500 stock market is down 1.1%, and the NASDAQ is 1.0% lower. All three are trading at their lowest levels of the day. The S&P 500 is trading around 1617 this morning, 4.1% off its peak level of 1687 turned in on May 22.
As previous news before, the Japanese Nikkei 225, after falling a whopping 3.8% in the wake of a speech from the country's prime minister that failed to deliver, this grounded continues to head lower in after-hours futures trading. The Japanese stocks Nikkei is now down 17% from its May 22 peak, only three percentage points away from a bear market. Japan stock market is now on bearish zone
Going to treasury bond yields, 10-year Treasury yields are down 5 basis points to 2.10%. French and German yields are down 2 and 3 basis points to 2.06% and 1.51%, respectively
Meanwhile, Italian yields are up 4 basis points to 4.13%, and Spanish yields are up 2 basis points to 4.42%. Portuguese bond yields are up 9 basis points to 5.72%
Source: business insider