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US equities set to start March with modest declines

US equities set to start March with modest declines

Higher German inflation today pushed up global bond yields and that's putting a negative mood into stocks. In the last hour, S&P 500 futures have bled lower and are down 9 points to 3699 shortly before the open.

The softer dollar points to a better today so we'll keep an eye on where it goes, particularly with ISM data to come.

Last month, the index fell 115 points after touching a six-month high early in February.

This article was written by Adam Button at w... Read More
Posted: Mar 1 2023, 14:24
Author Name: forexlive
Views: 102054

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