CNBC Daily Open: High rates are breaking something new in markets
Publishing timestamp: 2023-10-04 02:08:30
Summary
The article discusses the dramatic drops in major U.S. indexes, the rise in Treasury yields, the increase in foreign investment in Japan's real estate market, the ousting of House Speaker Kevin McCarthy, and the breaking narrative of low interest rates in the financial markets. It also mentions the fear among investors that the worst is not over and the possibility of stocks testing new bottoms.
Sentiment: NEGATIVE
Tickers: .SPX, MSFT, .IXIC, .DJI, .VIX, NVDA,
Keywords: politics, s&p 500 index, kevin mccarthy (ca-republican), matt gaetz, economic events, dow jones industrial average, markets, india, canada, singapore, microsoft corp, technology, jobs, world markets, nvidia corp, japan, asia economy, business news, cboe volatility index, united states, nasdaq composite,
Source: https://www.cnbc.com/2023/10/04/stock-markets-high-rates-are-breaking-something-new-in-markets.html