Market Insights

Markets Data

– GoPro surged over 82% in pre-market trading, at one point rising more than 106%, as a YouTube star became its largest Class A shareholder.
– Global bond markets faced a violent sell-off, with Japan's 10-year government bond yield breaking above 3% for the first time in 30 years, while U.S. stocks, gold, and silver all tumbled.
– All three major U.S. stock index futures fell, Brent crude approached $92 per barrel, U.S. Treasury yields climbed, and tech stocks declined broadly in pre-market trading.
– Memory chip stocks plunged collectively in pre-market trading, while oil and energy sectors rose against the trend.
– Expectations for Federal Reserve rate hikes intensified, with the probability of a hike rising to 66.4%. Gold prices overshot, and market liquidity tightened.
– The "gray rhino" risk in U.S. Treasuries escalated, with economists warning that the $40 trillion Treasury market's capacity to absorb supply is under pressure.
tickerchange_pct
SPY0.5253
QQQ1.0549
DIA0.637
IWM0.2538
EFA2.2725
VWO-0.1203
EWJ0.3039
EWG0.6517
EWU-0.1466
INDA-1.0674
EWZ-1.0014
EWT1.5466
EWH-0.4523
EWS-0.0319
INDA-1.0674
THD-0.0706
TLT0.1373
GLD0.3442