S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketThe yield on the US 10-year Treasury note fell to around 4.25% on Monday after rallying for two straight weeks, as reports that the US will soon announce a coalition of countries to escort ships through the Strait of Hormuz eased some market fears. Markets are also weighing the possibility of US-Iran negotiations as the Middle East conflict entered its third week. Oil prices stabilized despite US strikes on military targets at Iran’s main oil-export hub of Kharg Island over the weekend and threats to target energy infrastructure if Tehran interferes with transit through the Strait of Hormuz. Still, Treasury yields remained near recent highs as elevated energy costs fueled inflation concerns, reducing expectations that the Federal Reserve will cut interest rates. The central bank is widely expected to hold rates steady this week in what would be Chair Jerome Powell’s penultimate meeting.
