From Yahoo Finance: 2024-04-02 08:30:27

Global stock indexes fell on Tuesday, with all major U.S. stock indexes down about 1%, while U.S. Treasury 10-year yields rose to highest since late November. Dollar lower, fears of Japanese intervention slow dollar gains. Bitcoin down 7.17% at $64,761. Recent U.S. economic reports raised doubts about Fed delivering three rate cuts outlined. Euro zone manufacturing activity contracted in March. German inflation eased, broader euro zone inflation data awaited.

Tesla shares declined by 6%, impacting Wall Street. Company posted first fall in quarterly deliveries in nearly four years and missed estimates. Dow Jones fell 0.97%, S&P 500 lost 0.97%, Nasdaq dropped 1.39%. Pan-European STOXX 600 index lost 0.71%. Benchmark 10-year yield climbed to 4.405%, dollar index fell 0.257%. Japanese authorities ready to take action against currency market volatility.

Oil supplies face new threats from Ukrainian attacks on Russian energy facilities. Brent crude briefly rose above $89 a barrel for first time since October. Ukraine struck one of Russia’s largest refineries. U.S. crude rose 0.92% to $84.48 per barrel, Brent at $88.12, up 0.8%. Spot gold added 0.7% to $2,266.84 an ounce.



Read more at Yahoo Finance: Stocks fall, yields climb as investors assess rate cut outlook