The US stock market fell on the 30th. Risk assets remain highly volatile, with the S & P 500 Index falling sharply on a monthly basis since March 2020.
US provisional budget proposal at the end of the transactionIt is expected that the closure of government agencies will be avoided after passing the parliament, but the S & P 500 species has ended with a widening decline. There are many other risk factors for investors, including the prospect of shrinking asset purchases by the U.S. financial authorities, high inflation, supply chain disruptions, tight global energy supply and demand, and regulations by the Chinese authorities. There is.
S & P 500 species are 4307.54, down 1.2% from the previous day. The Dow Jones Industrial Average is down $ 546.80 (1.6%) to $ 33843.92. The Nasdaq Composite Index fell 0.4%. In the US Treasury market, as of 4:59 pm New York time, 10-year bond yields fell 3 basis points (bp, 1bp = 0.01%) to 1.49%.
US political concerns remain, and President Biden may be forced to shrink his economic plan. Democratic moderate Senator Manchin has said he wants to cut the size of his spending and tax plans by more than half.
“Concerns about the spread of China and the new coronavirus infection, debt caps and taxation are currently weighing on investor sentiment,” said Tom Mantione, managing director of UBS Private Wealth Management. It’s important to determine which issues will lead to change, while creating short-term volatility that investors can leverage. “
In the foreign exchange market, the dollar has fallen against most of the 10 major currencies. The background is rising energy prices and low stock prices. The currencies of resource-rich countries are rising, centered on the Australian dollar. The yen has risen against the dollar for the first time in seven business days.
The Bloomberg Dollar Spot Index, which shows the movement of the dollar against the 10 major currencies, fell 0.2%. It stayed close to the highest price in 10 months. The dollar is down 0.6% against the yen at 1 dollar = 111.29 yen. The euro is down 0.2% against the dollar at 1 euro = 1.1580 dollars, the lowest since July 2008.
New York crude oil futures market rebounded slightly.Chinese authorities make efforts to secure supply to major state-owned energy companiesAfter being told that he had a strict order, he started to rise. A spokesman for US President Saki later said the rise in crude oil prices was “a concern for the United States,” and said at a meeting that the US government had talks with the Organization of Petroleum Exporting Countries (OPEC).
The New York Mercantile Exchange (NYMEX) West Texas Intermediate (WTI) futures November contract ends at $ 75.03 a barrel, up 20 cents (0.3%) from the previous day. In the early hours, there was a scene where the price dropped by 2.3%. 10% higher on a monthly basis. The November contract for Brent North Sea in London ICE, which was the last trading day, is 12 cents cheaper at $ 78.52.
The New York gold market has rebounded sharply.The number of new US unemployment insurance applications announced in the morning was unexpectedly the third consecutive weekIn response to the increase, the purchase of safe escape came in. The depreciation of the dollar after the release of the index also made gold more attractive to investors holding other currencies.
The New York Board of Trade (COMEX) gold futures December contract ends at $ 1757.00, up 2%. The spot market temporarily rose 2.2%, the highest since the 23rd.
Original title:Stocks Suffer Worst Monthly Rout Since March 2020: Markets Wrap（抜粋）
Dollar Slips as Energy Prices Strengthen, Yen Rises: Inside G-10（抜粋）
Oil Gains 10% This Month as White House Expresses Concern（抜粋）
Gold Advances Amid Weaker Dollar, Disappointing U.S. Labor Data（抜粋）
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