The rout continues with S&P 500 futures down over 2% now ...Middle East

The flight to safety is leading 10-year Treasury yields down over 9 bps to 4.524% and USD/JPY down over 1% now to test 154.00 on the break of the 155.00 level earlier. The greenback was the lead gainer in Asia trading but has surrendered a chunk of its gains during European morning trade.

Going back to US stocks, the S&P 500 may have touched a record high last week but looks poised to erase all of the gains then at the open today. On the chart, it will still look like a blip but perhaps this could signal the start of a more meaningful retracement/correction after all the frothiness in 2024.

This article was written by Justin Low at www.forexlive.com.

Hence then, the article about the rout continues with s p 500 futures down over 2 now was published today ( Monday 27/01/2025 - 01:54 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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