[MARKET UPDATE] Stocks pull back after the US cash open as energy ticks higher, with yields rising in tandem; major news flow light
Stocks are pulling back following the US cash open, which suggests that traders may be reacting to the recent rise in energy prices and yields.
Pakistani journalist Mallick posts "there are telling signs that there is no "dead-lock" anymore, in the mediated US - Iran talks."
US House Chair Moolenaar says Airbus (AIR FP) likely gave satellite images to a Chinese entity
[MARKET UPDATE] Stocks pull back after the US cash open as energy ticks higher, with yields rising in tandem; major news flow light
Iranian parliament official says Iran's planned Strait of Hormuz toll is to be paid through Iranian banks
Mexico's Economy Minister says USTR Greer is to visit ahead of USMCA talks
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
Given that major news flow is light, this move might reflect a consolidation phase or profit-taking after recent gains, particularly in the context of rising input costs from energy.
Related headlines
- [MARKET ANALYSIS] Asia-Pac stocks trade mixed with the region partially shrugging off the weak US lead following a fresh exchange of US-Iran strikes and escalation in the US-Canada trade war1 hour ago
- [MARKET ANALYSIS] DXY is little changed ahead of inflation data later in the week and despite the US announcing an import ban on some Canadian goods as trade war escalates2 hours ago
- [MARKET ANALYSIS] T-note futures are little changed after yesterday's indecisive mood and with key inflation data due later this week2 hours ago
- [MARKET ANALYSIS] Oil prices are underpinned after US and Iran conducted a fresh round of retaliatory strikes2 hours ago
- [MARKET UPDATE] Asia-Pac stocks begin mostly higher with the region shrugging off the weak lead from Wall St, where all major indices declined on return from the long weekend amid rising oil prices and ongoing geopolitical escalation5 hours ago
- [MARKET UPDATE] Crude continues to climb, to the detriment of equity futures & fixed income, following the Saudi updates and ahead of the Houthi announcement22 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks trade mixed following the US holiday lull and with the attention on data releases1 day ago
- [MARKET ANALYSIS] Yen continues to outperform amid BoJ rate hike expectations and following data including upward GDP revisions and firmer-than-expected Labour Cash Earnings1 day ago
- [MARKET ANALYSIS] JGB futures rally despite an upward GDP revision, firmer-than-expected Labour Cash Earnings and looming 5yr auction1 day ago
- [MARKET ANALYSIS] Oil futures are rangebound amid a lack of major catalysts, while copper extends on gains after LME prices hit fresh record highs1 day ago
- PRE-MARKET INDIAN STOCKS NEWS: Bank of Baroda (BOB IS) plans to divest up to 7.69mln NSE shares,1 hour ago
- PRE-MARKET CHINESE STOCKS NEWS: China is to allow its USD 568bln social security fund to access the Southbound Bond Connect program3 hours ago
- Australia sells AUD 800mln 3.75% May 2034 bonds, b/c 4.46, avg. yield 5.0672%4 hours ago
- PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC (2330 TT) plans to adopt ASML’s high-NA EUV lithography equipment for high-volume manufacturing from 20304 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS)** - Co. opened an AI chip R&D hub in Yokohama to collaborate with Japanese companies on advanced semiconductor packaging5 hours ago
- UKMTO said it received a report involving a merchant vessel in Strait of Hormuz, while the report indicated that the vessel was subject to interaction as part of ongoing military activity in the region6 hours ago
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 8 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 1.55 HIGHER AT USD 93.03/BBL10 hours ago
- Auction Preview: US to sell USD 58bln of 3-year notes at 18:00BST/13:00EDT13 hours ago
- Newsquawk Daily US Earnings Estimates: 9th September 2026 - COO13 hours ago
The whole workspace, free to try.
Try it free