Global Markets
Most global markets slip as rate pressure ripples worldwide
Asia and Europe mostly finish lower, with Brazil the clearest outlier.
Global equities lean lower. The Nikkei drops 0.6%, Hang Seng falls 0.5%, Kospi slips 0.3%, and Sensex loses 0.3%. In Europe, the FTSE 100 falls 0.3%, the DAX drops 0.8%, the CAC 40 loses 0.9%, and the Stoxx 600 slips 0.5%.
A few indexes buck the trend. The ASX 200 rises 0.3%, Shanghai adds 0.2%, and the Bovespa jumps 1.4% to 186340.4531. The Bovespa is the strongest major global benchmark in this batch, while the CAC 40 posts one of the weakest daily moves at -0.9%.
The currency tape reflects a stronger dollar. The dollar index rises 0.1% to 101.478, while EUR/USD falls 0.3% to 1.1334. USD/CHF rises 0.5% to 0.8356, USD/MXN adds 0.5% to 18.0684, and AUD/USD drops 1.0% to 0.6947.
Market headlines point to the same macro pressure overseas, with reports on surging Treasury yields and France's budget fight. Separately, CNBC highlights Micron's strong earnings and Meta's best month since 2022, both tied to AI momentum.