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

83
Comment
Favorite

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 ...

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

BKT
·2023-03-15
Pls like thanks
Reply
Like
Report
Dawang
·2023-03-15
Time bomb ticking
Reply
2
Report
来人
·2023-03-15
Ok
Reply
1
Report
Upswing118
·2023-03-15
Worse is yet to come?[Facepalm]
Reply
4
Report
lars
·2023-03-15
Dcb now cb
Reply
3
Report
blut
·2023-03-15
In view of credit suisee saga just stay out of indices. for the time being . If Credit suisee failed, there will be globaL crusis
Reply
7
Report
Vincentan59
·2023-03-15
Time to load your pistol full 😵‍💫😵‍💫😵‍💫
Reply
6
Report
Andrewinho
·2023-03-15
Great!! 🤭🤭🤭
Reply
4
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/1170735488?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-03-15 18:36","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1170735488","market":"other","top_or_hot":-1,"title":"US Stock Futures Dropped Over 1% While European Stocks Crashed Nearly 3% Amid Credit Suisse Turmoil","media":"Bloomberg","content":"<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","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. The European Central Bank is seen tightening by 50 basis points on Thursday.“Central banks are likely to be more cautious as they monitor the tightening in credit conditions,” said Frederik Ducrozet, head of macroeconomic research at Pictet Wealth Management. “However, one major difference with previous banking crisis episodes is a more resilient macro backdrop including persistent inflationary pressures. This will make for a difficult trade-off between inflation and financial stability risks, with central banks trying to resist rate cuts for as long as possible.”The two-year Treasury yield — the most sensitive to rate moves — has fluctuated wildly since dipping below 4% on Monday for the first time since September. Just a week ago, it stood above 5% after Fed Chair Jerome Powell signaled higher rates for longer.Stocks have been on a similar roller-coaster ride. 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":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"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},"htmlText":"Pls like thanks&nbsp;","listText":"Pls like thanks&nbsp;","text":"Pls like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949769197","repostId":1170735488,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9949782013,"gmtCreate":1678892788933,"gmtModify":1678892792069,"author":{"id":"3579482809178950","authorId":"3579482809178950","name":"Dawang","avatar":"https://static.tigerbbs.com/d0f01f2346125f600328ffd48beb3a4c","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":4,"crmLevelSwitch":0},"htmlText":"Time bomb ticking","listText":"Time bomb ticking","text":"Time bomb ticking","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949782013","repostId":1170735488,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9949719340,"gmtCreate":1678887379280,"gmtModify":1678887382939,"author":{"id":"3575544575320394","authorId":"3575544575320394","name":"来人","avatar":"https://static.tigerbbs.com/0af89587decbb8a1d3e1596adc29cb98","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949719340","repostId":1170735488,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9949730767,"gmtCreate":1678881216160,"gmtModify":1678881220988,"author":{"id":"4087685930931350","authorId":"4087685930931350","name":"Upswing118","avatar":"https://static.tigerbbs.com/5ee810deeb4fd3c3d863b49cef1d9956","vip":1,"crmLevel":5,"crmLevelSwitch":1},"htmlText":"Worse 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},"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},"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"},{"id":9949794063,"gmtCreate":1678877935552,"gmtModify":1678878218447,"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},"htmlText":"Time to load your pistol full 😵‍💫😵‍💫😵‍💫","listText":"Time to load your pistol full 😵‍💫😵‍💫😵‍💫","text":"Time to load your pistol full 😵‍💫😵‍💫😵‍💫","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949794063","repostId":1170735488,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9949795901,"gmtCreate":1678877778003,"gmtModify":1678877782208,"author":{"id":"3581563418944392","authorId":"3581563418944392","name":"Andrewinho","avatar":"https://static.tigerbbs.com/3127e2bc40ab23064a5187a00a63e19b","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Great!! 🤭🤭🤭","listText":"Great!! 🤭🤭🤭","text":"Great!! 🤭🤭🤭","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949795901","repostId":1170735488,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":83,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":true,"favoriteStatus":false}}