Stock Blog: Wall Street Mutes Unrest Over Chinese Real Estate Giant; Nike falls hard

Stock Blog: Wall Street Mutes Unrest Over Chinese Real Estate Giant; Nike falls hard

Dow Jones and the S&P 500 finished 0.1% and 0.2% respectively after a red start. The Nasdaq is fractionally lower. The AEX ends with a minus of 1.1% at a position of 791.45 points.

In the US, the 10-year yield rose to 1.4%. Higher interest rates make bonds relatively more attractive compared to equities. It also appears that Evergrande has not yet fulfilled its promise of an interest payment to bondholders.

Majorel’s stock market debut on the Damrak fell sharply with a loss of 5.5%. Fortunately, the call center service provider did not offer retail investors the opportunity to subscribe for $33.

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Stock Blog: Wall Street Mutes Unrest Over Chinese Real Estate Giant; Nike falls hard | Financial
Source link Stock Blog: Wall Street Mutes Unrest Over Chinese Real Estate Giant; Nike falls hard | Financial

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