European stocks fall as US bonds rebound

2022-01-13 13:30:30 GMT (Economies.com)
European stocks fall as US bonds rebound

European stocks fell on Thursday, as recovery from a 3-week low halted due to investors' risk aversion, after  the 10-year US Treasury bond yield rebounded.

 

The Stoxx Europe 600 index fell 0.2% as of 11:45 GMT, after it closed higher by 0.7% and within recovery from the 3-week low of 477.90 points.

 

The healthcare sector is the biggest loser in Europe today, with a drop of more than 0.75%, followed by the tech sector.

 

The 10-year US Treasury yield rose 1.5% today, snapping the 3-day losing streak, and weighing down on risk appetite in global stock markets.

 

S&P 500 futures fell 0.4% today ahead of Wall Street's opening, after the index closed higher by 0.3% yesterday.

 

Back to Europe, the Euro Stoxx 50 index fell 0.3%, France's CAC 40 fell 0.7%, Germany's DAX index fell 0.1%, and the UK's FTSE 100 fell more than 0.2%.

 
 
 
  Symbol Last Change Chg.%
1.1346
-0.0058
0.5127%
1.3554
-0.0103
0.7569%
Tadawul
12238.77
-35.50
0.29%
24.347
1.336
5.803%
84.900
1.031
1.229%
87.69
-0.69
0.78%
1834.610
14.150
0.777%
 
 
US
 
Europe
 
Asia