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 10-year US Treasury note rose up to four-month high of 4.2% before paring gains to 4.17% as a mixed jobs report maintained uncertainty about the magnitude of rate cuts that the Federal Reserve is expected to deliver this year. The US economy added 50,000 jobs in December, slightly below market expectations, but the unemployment rate fell sharply to 4.4%. The result aligned with the recent trend of a low-hiring low-firing labor market, consistent bets that the US central bank will pause its rate-cutting momentum next month. In the meantime, Treasury securities in the longer end of the curve received some support after President Trump ordered the Freddie Mac and the Fannie Mae to purchase $200 billion in mortgage backed securities to lower mortgage rates.
