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Market Impact: 0.7

Stocks resume slide, key bond yield highest since July, as Trump extension fails to calm markets

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Global stock markets fell on Friday after U.S. President Donald Trump extended a deadline for Iran to reopen the Strait of Hormuz, a move that failed to calm oil prices or government bond markets. The development spurred risk-off positioning, leaving oil prices elevated and weighing on sovereign bonds and equity markets.

Analysis

Global stock markets fell on Friday after U.S. President Donald Trump extended a deadline for Iran to reopen the Strait of Hormuz, a move that failed to calm oil prices or government bond markets. The development spurred risk-off positioning, leaving oil prices elevated and weighing on sovereign bonds and equity markets.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.30