Stoxx 600 Falls 1% to End 3 Day Rally

Global Markets14 days ago

European stocks retreated on Wednesday, wiping out recent gains after rising bond yields and oil prices pressured market sentiment. The Stoxx 600 index declined 1%, cutting short a sequence of positive trading sessions that had lasted for three days. Bond markets also traded lower as higher energy costs weighed on investor appetite.

The downturn follows reports of attacks in the Strait of Hormuz, which triggered a jump in crude oil prices. This surge in energy costs, combined with climbing borrowing rates reflected in government bond yields, reversed the bullish momentum seen earlier in the week across European exchanges.

Mapped to your portfolio

Possible scenarios

45%Routine Rally Pause-0.4%
30%Rate Anxiety Persists-1.2%
15%Dip Buying Resumes+0.8%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

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Stoxx 600 Falls 1% to End 3 Day Rally

In this story

STOXX Europe 600 Strait of Hormuz Europe

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Mapped to your portfolio

Possible scenarios

45%Routine Rally Pause-0.4%
30%Rate Anxiety Persists-1.2%
15%Dip Buying Resumes+0.8%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.