US Stock Futures Dropped Over 1% While European Stocks Crashed Nearly 3% Amid Credit Suisse Turmoil

Bloomberg2023-03-15

Fresh turmoil at Credit Suisse Group AG roiled European bank shares and dented sentiment in the US futures market as investors remain on edge after last week’s regional-bank failures. Treasuries ...

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Comments

BKT
2023-03-15
BKT
Pls like thanks
Dawang
2023-03-15
Dawang
Time bomb ticking
来人
2023-03-15
来人
Ok
Upswing118
2023-03-15
Upswing118
Worse is yet to come?[Facepalm]
lars
2023-03-15
lars
Dcb now cb
blut
2023-03-15
blut
In view of credit suisee saga just stay out of indices. for the time being . If Credit suisee failed, there will be globaL crusis

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Treasuries ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-14/stock-market-today-dow-s-p-live-updates?srnd=markets-vp\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Stock Futures Dropped Over 1% While European Stocks Crashed Nearly 3% Amid Credit Suisse Turmoil</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Stock Futures Dropped Over 1% While European Stocks Crashed Nearly 3% Amid Credit Suisse Turmoil\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-15 18:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-14/stock-market-today-dow-s-p-live-updates?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fresh turmoil at Credit Suisse Group AG roiled European bank shares and dented sentiment in the US futures market as investors remain on edge after last week’s regional-bank failures. Treasuries ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-14/stock-market-today-dow-s-p-live-updates?srnd=markets-vp\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VIX","symbol_name":"标普500波动率指数","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2023-03-14/stock-market-today-dow-s-p-live-updates?srnd=markets-vp","article_id":"1170735488","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1170735488","pubTimestamp":1678876569,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Fresh turmoil at Credit Suisse Group AG roiled European bank shares and dented sentiment in the US f","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"VIX":"标普500波动率指数"},"translate_title":"美国股市期货下跌超过1%，而欧洲股市在瑞士信贷动荡中暴跌近3%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BZmain":0.9,"CLmain":0.9,"ESmain":0.9,"GCmain":0.9,"NQmain":0.9,"VIX":0.9,"VIXmain":0.9,"YMmain":0.9},"content_text":"Fresh turmoil at Credit Suisse Group AG roiled European bank shares and dented sentiment in the US futures market as investors remain on edge after last week’s regional-bank failures. Treasuries turned higher on haven demand.Europe’s Stoxx 600 equity benchmark fell 2%, with a gauge of banks plunging more than 5%. Shares in Credit Suisse slumped for an eighth straight session after a top shareholder ruled out more assistance, while the cost of default insurance on the Swiss lender’s short-term debt approached distressed levels.Contracts on the S&P 500 and Nasdaq 100 fluctuated before turning lower as a rebound in regional banks petered out in premarket trading. The 10-year Treasury yield fell 12 basis points. A gauge of dollar strength gained after four days of declines.Renewed jitters in the banking sector is complicating the task for policy makers still facing inflation pressures while having to ensure stability of the financial system. Swaps pricing is back to positioning for the Federal Reserve to lift rates by a quarter percentage point next week after the odds of an increase had slipped to nearly 50-50 on Monday. 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Futures indicated Tuesday’s 1.7% surge wouldn’t extend as investors continued to be on edge over turmoil in the banking sector. Stocks plunged 4.6% last week, the worst since September. Data on producer prices, manufacturing and retail sales later today may provide further clues on the outlook for policy.Remarks from ratings companies on the financial sector underscored that sentiment is likely to remain fragile after the biggest American bank failures since the financial crisis.Moody’s Investors Service cut its outlook on the sector on the heels of the trio of banking collapses over the past few days. First Republic Bank triggered a volatility halt after S&P Global Ratings placed the company on watch negative.Traders were also digesting a slew of economic data from China, where retail sales rose as much as estimated while factory output was fractionally lower than projected. The People’s Bank of China added more liquidity than expected while holding a key lending rate unchanged. Rising housing sales provided one clearly positive signal, reflected in a rally in mainland property index.Elsewhere in markets, oil was little changed close to a three-month low as traders took stock of the outlook for demand.Key events this week:US business inventories, retail sales, PPI, empire manufacturing, WednesdayEurozone rate decision, ThursdayUS housing starts, initial jobless claims, ThursdayJanet Yellen appears before the Senate Finance Committee, ThursdayUS University of Michigan consumer sentiment, industrial production, Conference Board leading index, FridaySome of the main moves in markets:StocksS&P 500 futures fell 1.2% as of 6:25 a.m. New York timeNasdaq 100 futures fell 1%Futures on the Dow Jones Industrial Average fell 1.2%The Stoxx Europe 600 fell 2.1%The MSCI World index fell 0.3%CurrenciesThe Bloomberg Dollar Spot Index rose 0.4%The euro fell 0.6% to $1.0673The British pound fell 0.4% to $1.2109The Japanese yen rose 0.3% to 133.88 per dollarCryptocurrenciesBitcoin was little changed at $24,649.12Ether fell 0.7% to $1,693.55BondsThe yield on 10-year Treasuries declined 13 basis points to 3.56%Germany’s 10-year yield declined 11 basis points to 2.31%Britain’s 10-year yield declined six basis points to 3.43%CommoditiesWest Texas Intermediate crude was little changedGold futures were little changedVolatilityVIX surged 10.87% to 26.31VIXmain rose 6.96% to 25.35","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9949769197,"gmtCreate":1678895451419,"gmtModify":1678895454927,"author":{"id":"3570853427202414","authorId":"3570853427202414","name":"BKT","avatar":"https://community-static.tradeup.com/news/15cb8e8f0a7c44ca01c83b3bfdddbd86","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3570853427202414","authorIdStr":"3570853427202414"},"htmlText":"Pls like thanks&nbsp;","listText":"Pls like thanks&nbsp;","text":"Pls like 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is yet to come?[Facepalm]&nbsp;","listText":"Worse is yet to come?[Facepalm]&nbsp;","text":"Worse is yet to come?[Facepalm]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949730767","repostId":1170735488,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9949794280,"gmtCreate":1678878230941,"gmtModify":1678878234779,"author":{"id":"4123975168941882","authorId":"4123975168941882","name":"lars","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4123975168941882","authorIdStr":"4123975168941882"},"htmlText":"Dcb now cb&nbsp;","listText":"Dcb now cb&nbsp;","text":"Dcb now cb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949794280","repostId":1170735488,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9949794690,"gmtCreate":1678878192411,"gmtModify":1678878196291,"author":{"id":"3578973207665480","authorId":"3578973207665480","name":"blut","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3578973207665480","authorIdStr":"3578973207665480"},"htmlText":"In view of credit suisee saga&nbsp; just stay out of indices. for the time being&nbsp; . If Credit suisee failed, there will&nbsp;be globaL crusis","listText":"In view of credit suisee saga&nbsp; just stay out of indices. for the time being&nbsp; . If Credit suisee failed, there will&nbsp;be globaL crusis","text":"In view of credit suisee saga just stay out of indices. for the time being . If Credit suisee failed, there will be globaL crusis","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949794690","repostId":1170735488,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":83,"commentSize":8,"repostSize":0,"favoriteSize":0,"likeStatus":true,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1170735488"}