Today, U.S. and European stock markets witnessed a slump with S&P 500 futures dropping by 0.8% and Dow Jones futures declining by 0.4%. This mirrored the performance of European indices, with the Stoxx Europe 600 and FTSE 100 also experiencing downturns. In contrast, Germany's DAX index saw a marginal rise of 0.1%.
In corporate news, Deutsche Bank (ETR:DBKGn) and Sodexo (EPA:EXHO) stocks bucked the downward trend, registering gains. This stood in stark contrast to Standard Chartered (OTC:SCBFF) and Straumann Holding, which posted losses.
The Wall Street Journal Dollar Index climbed to 100.96 today, reflecting a stronger U.S. dollar. On the commodities front, Brent and WTI crude prices fell to $88.86 and $85.14 a barrel respectively.
Investors also observed an uptick in bond yields today with German Bunds' yield rising to 2.91% and U.S. Treasuries' yield increasing to 4.972%.
Asian markets presented a mixed picture today. Japan's Nikkei 225 and Hong Kong's Hang Seng indices fell, while China's Shanghai Composite index registered gains.
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