US equities follow Europe lower as bond jitters weigh

S&P 500 and Dow Jones both down

Tom Eckett
clock • 2 min read

US equities were down over 1% in early trading today, as the sell-off in global markets continued for a second day.

The Dow Jones opened down 0.95% at 26,188 points on Tuesday while the S&P 500 fell 0.81% to 2,831 points, after the two indices posted their worst sessions of the year on Monday. US markets followed Europe lower, with the FTSE 100 down 0.92% by late afternoon at 7,600 while the German Dax fell 0.74% and the French Cac 40 dropped 0.69%. Equity markets had enjoyed their best start to the year since 1987 with the S&P 500 rising 5.9% to 2,853 points on the back of President Donald Trump's tax reform. However, the recent sell-off in government bond markets has spilled-over into equities...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Gilt yields fall after Donald Trump backs down in 'tariff war'

Gilt yields fall after Donald Trump backs down in 'tariff war'

US president pauses most additional tariffs

Jonathan Stapleton
clock 10 April 2025 • 2 min read
Reeves defends yearly Budget to avoid 'constant chopping and changing'

Reeves defends yearly Budget to avoid 'constant chopping and changing'

Treasury Committee scrutinises chancellor on Spring Statement

Isabel Baxter
clock 02 April 2025 • 3 min read
Five key takeaways from the Spring Statement 2025

Five key takeaways from the Spring Statement 2025

OBR growth, ISA reforms and defence

Sorin Dojan
clock 27 March 2025 • 4 min read