Finance, US News, Wall Street

Stocks, Bond Yields, & Black Gold Tumble At US Open

Stocks, Bond Yields, & Black Gold Tumble At US Open

Weak Chinese data and Delta concerns weighed on markets overnight, and the utter chaos in Afghanistan is not exactly confidence-inspiring and Small Caps are leading the charge lower in US equity markets as they open.

All the majors are lower this morning…

As Bond yields tumble back to one-week lows…

Source: Bloomberg

Gold is rallying on the uncertainty…

But oil is ugly…

The sudden emergence of taper talk is also not helping matters. Get back to work Mr.Powell!

Tyler Durden
Mon, 08/16/2021 – 09:51

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