This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: Global Markets Drop After Choppy Trading in U.S.
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > Markets > Global Markets Drop After Choppy Trading in U.S.
Markets

Global Markets Drop After Choppy Trading in U.S.

Editorial Board Published January 25, 2022
Share
Global Markets Drop After Choppy Trading in U.S.
SHARE

Global equity benchmarks and futures on key indexes fell, suggesting U.S. markets could come under fresh pressure on Tuesday after starting the week with a roller-coaster trading session. 

Market volatility has picked up in recent sessions, as investors have grown anxious about how rapidly the Federal Reserve will act to combat inflation by raising interest rates and shrinking its balance sheet.

U.S. markets whipsawed Monday, with the Nasdaq Composite declining as much as 4.9% before rallying to close 0.6% higher. The S&P 500 and Dow Jones Industrial Average also staged similar comebacks. 

The turbulent trading “showed that investors are facing a dilemma,” said Tai Hui, Asia chief market strategist at J.P. Morgan Asset Management. 

Investors are anxious about U.S. monetary policy and how that could affect pricier stocks, he said, having moved quickly to price in four or more interest rate increases this year. On the other hand, the economic growth outlook for 2022 is still decent and investors are aware that few assets offer the same long-term return prospects as equities, Mr. Hui said. 

By midafternoon Tuesday in Hong Kong, futures tied to the Dow, S&P 500 and Nasdaq-100 stood 0.8% to 1.3% lower, while regional equity indexes were broadly lower.

Japan’s Nikkei 225 closed down 1.7%, with major decliners including the technology and telecom giant SoftBank Group Corp. , which fell more than 5%. Australia’s S&P/ASX 200 and South Korea’s Kospi Composite both retreated more than 2%.

Hong Kong’s Hang Seng Index shed 1.6%, with banks HSBC Holdings PLC and Standard Chartered PLC falling 2.4% and 2.9%, respectively. The CSI 300 index of large stocks listed in mainland China pulled back 1.3%.

U.S. markets are likely to remain volatile at least until the Fed’s first rate increase, which is widely expected to be in March, said Jason Liu, the Asia head of the chief investment office at Deutsche Bank’s international private bank.

His team cut their stance on U.S. stocks, reflecting both their own holdings and their investment recommendation to clients, to neutral from overweight last week, after maintaining an overweight position for more than a year.

Fed policy makers are meeting on Tuesday and Wednesday this week and are set to resume discussions about how fast they will shrink their nearly $9 trillion bond portfolio.

“Everyone will be watching the Fed’s guidance this week,” Mr. Liu said. 

The yield on the benchmark 10-year U.S. Treasury note rose 0.029 percentage point to 1.764%, according to Tradeweb. Bond yields move inversely to prices.

Bitcoin was quoted at $35,982, according to CoinDesk, or about 2.4% lower than late afternoon Monday in New York, when it stood at about $36,851.

Write to Rebecca Feng at [email protected] and Quentin Webb at [email protected]

Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

TAGGED:MarketsPAIDWall Street Publication
Share This Article
Twitter Email Copy Link Print
Previous Article Dispute Between Apollo Co-Founders Black, Harris Boils Over Dispute Between Apollo Co-Founders Black, Harris Boils Over
Next Article The Most Hated Device in Your Home Gets an Upgrade The Most Hated Device in Your Home Gets an Upgrade

Editor's Pick

California dwelling of lacking child’s mother and father searched; father has served time for youngster cruelty

California dwelling of lacking child’s mother and father searched; father has served time for youngster cruelty

San Bernardino County sheriff’s investigators on Sunday, Aug. 17, searched the house of the mother and father of the infant…

By Editorial Board 9 Min Read
Farmer Needs a Spouse: John Sansone and Claire Dinette Break up!
Farmer Needs a Spouse: John Sansone and Claire Dinette Break up!

Studying Time: 2 minutes It's sadly over for one more actuality tv…

4 Min Read
Meri Brown Hints at “Accusations, Heartbreak” in Instagram Publish
Meri Brown Hints at “Accusations, Heartbreak” in Instagram Publish

Studying Time: 3 minutes Meri Brown seems to be going via it…

5 Min Read

Oponion

JBS Drops Deal to Buy Rest of Pilgrim’s Pride

JBS Drops Deal to Buy Rest of Pilgrim’s Pride

Brazilian meatpacking giant JBS SA said it scrapped plans to…

February 18, 2022

Replace: Seaside hazards assertion issued for Bay Space Shorelines till Tuesday night time

Coastal North Bay together with Level…

March 24, 2025

Asking Eric: It seems Mr Excellent isn’t, however I fear a breakup might make him sick

Pricey Eric: I started relationship a…

October 15, 2024

From mentor to see: How Becky Hammon’s affect helped form Valkyries coach Natalie Nakase

SAN FRANCISCO — Earlier than she…

June 8, 2025

Physique of Quebec hiker lacking since November present in mountains of New York state

Descrease article font dimension Improve article…

May 12, 2025

You Might Also Like

Trump’s 401(ok) enlargement fuels ethereum growth
Markets

Trump’s 401(ok) enlargement fuels ethereum growth

FOX Enterprise' Gerri Willis has the main points on the funding technique on 'Varney & Co.' Practically $4 billion of…

4 Min Read
Cracker Barrel inventory plunges amid model makeover backlash
Markets

Cracker Barrel inventory plunges amid model makeover backlash

FOX Enterprise’ Jeff Flock reviews on Cracker Barrel unveiling a brand new brand as a part of a broader model…

3 Min Read
Intel will get  billion from Softbank as White Home mulls stake
Markets

Intel will get $2 billion from Softbank as White Home mulls stake

Former Chrysler and Dwelling Depot CEO Bob Nardelli praises President Donald Trump’s daring financial play because the White Home eyes…

5 Min Read
Intel will get  billion from Softbank as White Home mulls stake
Markets

White Home mulls 10% stake in Intel after CEO assembly

Former Chrysler and Dwelling Depot CEO Bob Nardelli praises President Donald Trump’s daring financial play because the White Home eyes…

4 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?