U.S. Stocks Futures Slide as Traders Bet on More Hikes

Bloomberg2023-07-06

Stocks fell with bonds on signs that central banks will keep driving up interest rates to tame inflation.Europe’s Stoxx 600 index sank the most in two weeks. Contracts on U.S. gauges signaled further ...

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OutOfTheBox
2023-07-06
OutOfTheBox
There is a better way to bring down the inflation rapidly. End the trade war, stop funding the wars!

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Contracts on U.S. gauges signaled further ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-07-05/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>U.S. Stocks Futures Slide as Traders Bet on More Hikes</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\">\nU.S. Stocks Futures Slide as Traders Bet on More Hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-06 18:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-07-05/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>Stocks fell with bonds on signs that central banks will keep driving up interest rates to tame inflation.Europe’s Stoxx 600 index sank the most in two weeks. Contracts on U.S. gauges signaled further ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-07-05/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/2023-07-05/stock-market-today-dow-s-p-live-updates?srnd=markets-vp","article_id":"1186245509","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1186245509","pubTimestamp":1688640648,"columns":[],"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Stocks fell with bonds on signs that central banks will keep driving up interest rates to tame inflation.Europe’s Stoxx 600 index sank the most in two weeks. 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Concern about mortgage affordability also dragged down shares of homebuilders such as Persimmon Plc and Vistry Group Plc.Stocks are losing ground after a strong first half of the year as continued hawkishness from central banks damps hopes of a soft landing for the global economy. Minutes from the Fed’s June meeting showed division among policymakers over the decision to pause rate hikes, with the voting members on track to take rates higher this month.“The fact that the FOMC has now officially adopted the staff forecasts for a recession in the US is bad for risk assets,” said James Athey, investment director at Abrdn. “What we get now is that the Fed expects to cause a recession but that won’t stop them hiking at least twice more this year. If that’s not bad for risk assets priced at 20 times earnings, I don’t know what is.”US employment reports this week may provide clues on the path for policy. Ahead of the closely watched nonfarm payrolls release on Friday, the so-called JOLTS report of job openings is expected to show a tapering of available positions, and a separate measure of jobless claims is anticipated to tick higher.Treasury yields rose across the curve, adding to gains on Wednesday spurred by the Fed minutes. The policy sensitive two-year rate inched up to 4.97%. Meanwhile, Treasury Secretary Janet Yellen touches down in Beijing on Thursday to attempt to further repair the relationship between the world’s two largest economies.Elsewhere in China, the central bank extended support for the yuan via a stronger daily reference rate. Chinese investors don’t expect policymakers to unveil aggressive stimulus or big economic reforms at a key meeting expected later this month, according to Goldman Sachs Group Inc.Key Events This Week:US initial jobless claims, trade, ISM services, job openings, ThursdayDallas Fed President Lorie Logan speaks on a panel about the policy challenges for central banks at CEBRA meeting, ThursdayUS unemployment rate, nonfarm payrolls, FridayECB’s Christine Lagarde addresses an event in France, FridaySome of the main moves in markets today:StocksThe Stoxx Europe 600 fell 1.2% as of 10:53 a.m. London timeS&P 500 futures fell 0.4%Nasdaq 100 futures fell 0.4%Futures on the Dow Jones Industrial Average fell 0.4%The MSCI Asia Pacific Index fell 1.4%The MSCI Emerging Markets Index fell 1.3%CurrenciesThe Bloomberg Dollar Spot Index was little changedThe euro was little changed at $1.0863The Japanese yen rose 0.4% to 144.11 per dollarThe offshore yuan was little changed at 7.2564 per dollarThe British pound rose 0.2% to $1.2726CryptocurrenciesBitcoin rose 2.2% to $31,128.17Ether rose 1.7% to $1,942.86BondsThe yield on 10-year Treasuries advanced four basis points to 3.98%Germany’s 10-year yield advanced six basis points to 2.54%Britain’s 10-year yield advanced nine basis points to 4.59%CommoditiesBrent crude rose 0.5% to $77.02 a barrelSpot gold rose 0.1% to $1,917.31 an ounceVolatilityVIX gained 4.72% to 14.85VIXmain rose 2.42% to15.65","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":195034731274496,"gmtCreate":1688641502104,"gmtModify":1688642887840,"author":{"id":"3576212957996646","authorId":"3576212957996646","name":"OutOfTheBox","avatar":"https://static.tigerbbs.com/63123e2caca1a153632a394808fd6952","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576212957996646","authorIdStr":"3576212957996646"},"htmlText":"There is a better way to bring down the inflation rapidly. 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