Stocks Slip as China Data Compounds Recession Fear: Markets Wrap

Bloomberg2022-12-07

Commodity producers under pressure from sluggish demandExtreme yield curve inversion highlights economic concernsEuropean stocks fell while bonds extended a rally as Chinese trade data compounded ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（6）

jadey5
·2022-12-07
🥲
Reply
Like
Report
来人
·2022-12-07
Ok
Reply
Like
Report
Khoo12
·2022-12-07
Ok
Reply
Like
Report
runningjames
·2022-12-07
Hope to see China stocks drop 20% and above as US stocks drop they all surge. Now, China data weak than expected then cause World stocks to retreat again! Sad....
Reply
1
Report
Andrewinho
·2022-12-07
Opportunity again!! 🤭🤭🤭
Reply
2
Report
Vincentan59
·2022-12-07
😾😾😾💀💀💀
Reply
Like
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1169531304?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-12-07 17:39","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1169531304","market":"fut","top_or_hot":-1,"title":"Stocks Slip as China Data Compounds Recession Fear: Markets Wrap","media":"Bloomberg","content":"<div>\n<p>Commodity producers under pressure from sluggish demandExtreme yield curve inversion highlights economic concernsEuropean stocks fell while bonds extended a rally as Chinese trade data compounded ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-12-06/asian-stocks-poised-to-follow-us-shares-lower-markets-wrap\">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>Stocks Slip as China Data Compounds Recession Fear: Markets Wrap</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\">\nStocks Slip as China Data Compounds Recession Fear: Markets Wrap\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-07 17:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-12-06/asian-stocks-poised-to-follow-us-shares-lower-markets-wrap><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Commodity producers under pressure from sluggish demandExtreme yield curve inversion highlights economic concernsEuropean stocks fell while bonds extended a rally as Chinese trade data compounded ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-12-06/asian-stocks-poised-to-follow-us-shares-lower-markets-wrap\">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":null,"symbol_name":null,"start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2022-12-06/asian-stocks-poised-to-follow-us-shares-lower-markets-wrap","article_id":"1169531304","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1169531304","pubTimestamp":1670405971,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Commodity producers under pressure from sluggish demandExtreme yield curve inversion highlights econ","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"中国数据加剧衰退恐惧，股市下跌：市场结束","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ESmain":0.9,"NQmain":0.9,"YMmain":0.9},"content_text":"Commodity producers under pressure from sluggish demandExtreme yield curve inversion highlights economic concernsEuropean stocks fell while bonds extended a rally as Chinese trade data compounded fears about the health of the global economy.A European equity benchmark slipped 0.2% at the open, with commodity producers leading the declines amid an uncertain economic outlook in China. Contracts for the S&P 500 were flat as investors marked time before next week’s Federal Reserve rate decision and inflation data. The dollar rose for a third day on haven demand.Recession fears were palpable in the bond market, where a yield inversion hit afour-decade extreme, sending 10-year rates below those on 2-year notes by the most since the early 1980s.“Recent economic data has highlighted the uncertainty over the economic outlook and the Fed’s response,” Mark Haefele, UBS Global Wealth Management’s chief investment officer wrote in a Wednesday note. “We expect further volatility and maintain our defensive exposure.”The S&P 500’s worst selloff in a month has been sharp enough to reverse the rally that followed Fed Chair Jerome Powell’scommentson a possible downshift in the pace of tightening, leaving the benchmark where it was a week ago just before he spoke.Wall Street executives Tuesday sounded the alarm about the prospect of recession as early as next year as the impact of Federal Reserve policy on growth begins to be felt.Weak trade datafrom China added to concerns about the global economy. China’s exports and imports both contracted at steeper paces in November as external demand continued to weaken and a worsening Covid outbreak disrupted production and cut demand at home.Oil fluctuated after touching the lowest level since last December on Tuesday as investors pared back crude positions amid a broader market sell-off. The decline for West Texas Intermediate, which settled near $74 on Tuesday, erased all of this year’s gains.Key events this week:EIA crude oil inventory report, WednesdayEuro zone GDP, WednesdayUS MBA mortgage applications, WednesdayECB President Christine Lagarde speaks, ThursdayUS initial jobless claims, ThursdayUS PPI, wholesale inventories, University of Michigan consumer sentiment, FridaySome of the main moves in markets:StocksThe Stoxx Europe 600 fell 0.2% as of 8:56 a.m. London timeFutures on the S&P 500 were little changedFutures on the Nasdaq 100 were little changedFutures on the Dow Jones Industrial Average  were little changedThe MSCI Asia Pacific Index fell 1.3%The MSCI Emerging Markets Index fell 1.3%CurrenciesThe Bloomberg Dollar Spot Index was little changedThe euro was little changed at $1.0476The Japanese yen fell 0.3% to 137.42 per dollarThe offshore yuan was little changed at 6.9787 per dollarThe British pound rose 0.1% to $1.2151CryptocurrenciesBitcoin fell 1.2% to $16,785.75Ether fell 2.2% to $1,228.33BondsThe yield on 10-year Treasuries declined two basis points to 3.51%Germany’s 10-year yield declined three basis points to 1.77%Britain’s 10-year yield declined two basis points to 3.06%CommoditiesBrent crude fell 0.6% to $78.91 a barrelSpot gold rose 0.3% to $1,775.52 an ounce","kind":null,"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":9920393989,"gmtCreate":1670428305849,"gmtModify":1676538366172,"author":{"id":"3585127383617030","authorId":"3585127383617030","name":"jadey5","avatar":"https://community-static.tradeup.com/news/0e5258d43196f1849acb795224a5a961","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3585127383617030","authorIdStr":"3585127383617030"},"htmlText":"🥲","listText":"🥲","text":"🥲","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9920393989","repostId":1169531304,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9920983705,"gmtCreate":1670418745908,"gmtModify":1676538363705,"author":{"id":"3575544575320394","authorId":"3575544575320394","name":"来人","avatar":"https://static.tigerbbs.com/0af89587decbb8a1d3e1596adc29cb98","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3575544575320394","authorIdStr":"3575544575320394"},"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9920983705","repostId":1169531304,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9920917004,"gmtCreate":1670418177009,"gmtModify":1676538363591,"author":{"id":"3564738902623228","authorId":"3564738902623228","name":"Khoo12","avatar":"https://static.tigerbbs.com/a1637796379aeed1538616117eb09330","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3564738902623228","authorIdStr":"3564738902623228"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9920917004","repostId":1169531304,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9920909045,"gmtCreate":1670408832188,"gmtModify":1676538362157,"author":{"id":"4117336023184202","authorId":"4117336023184202","name":"runningjames","avatar":"https://community-static.tradeup.com/news/3467c93ce8ec8c583f28f405e68f0c00","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":2,"crmLevelSwitch":1,"idStr":"4117336023184202","authorIdStr":"4117336023184202"},"htmlText":"Hope to see China stocks drop 20% and above as US stocks&nbsp;drop they all surge. Now, China data weak than expected then cause World stocks to retreat again! Sad....","listText":"Hope to see China stocks drop 20% and above as US stocks&nbsp;drop they all surge. Now, China data weak than expected then cause World stocks to retreat again! Sad....","text":"Hope to see China stocks drop 20% and above as US stocks drop they all surge. Now, China data weak than expected then cause World stocks to retreat again! Sad....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9920909045","repostId":1169531304,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9920072091,"gmtCreate":1670407633214,"gmtModify":1676538361855,"author":{"id":"3581563418944392","authorId":"3581563418944392","name":"Andrewinho","avatar":"https://static.tigerbbs.com/3127e2bc40ab23064a5187a00a63e19b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581563418944392","authorIdStr":"3581563418944392"},"htmlText":"Opportunity again!! 🤭🤭🤭","listText":"Opportunity again!! 🤭🤭🤭","text":"Opportunity again!! 🤭🤭🤭","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9920072091","repostId":1169531304,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9920071762,"gmtCreate":1670407023457,"gmtModify":1676538361549,"author":{"id":"4098866635611070","authorId":"4098866635611070","name":"Vincentan59","avatar":"https://community-static.tradeup.com/news/a5c91735e742c607283b7643b505c8e4","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":2,"crmLevelSwitch":1,"idStr":"4098866635611070","authorIdStr":"4098866635611070"},"htmlText":"😾😾😾💀💀💀","listText":"😾😾😾💀💀💀","text":"😾😾😾💀💀💀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9920071762","repostId":1169531304,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":71,"commentSize":6,"repostSize":0,"favoriteSize":3,"likeStatus":false,"favoriteStatus":false}}