EJ Elena Shin

▶US Stocks up = S&P500 +0.30%, Nasdaq +1.01%, Dow +0.23% // European equities were mixed: Stoxx 600 -0.21 %, Germany’s Dax -0.04%, Paris' CAC 40 +0.11%, London’s FTSE 100 -0.89% // Asian stocks were mixed: Japan’s Topix -0.17%, Australia’s

▶US Stocks down = S&P500 -1.65%, Nasdaq -1.60, Dow -1.63%, Asian stocks declined between -0.3 ~ -2.3%. Europe-wide stocks were broadly down. Stoxx 600 -0.7 %, Germany’s Dax -0.6%, the CAC 40 -0.4%. London’s FTSE 100 -0.9%. Japan’s Topix

▶US Stocks up = S&P500 +1.30%, Nasdaq +1.58, Dow +1%, ▶Rising interest rates = 10-year U.S. Treasury note 3.607% (+12.2 basis points) ▶Oil prices rose = $67.64 per barrel of WTI (+1.35%) *Key points 1. Markets overview 2. US Macro data 3. Bank of

1. What Moved the Markets? What a historic week! Credit Suisse is now officially acquired by UBS. Europe The financial strains in Europe caused a significant drop in shares, with the pan-European STOXX Europe 600 Index falling 3.84% in local currency terms. Major stock indexes such as France’s

European stocks all down between -1 ~ -1.9%/ US Stocks fell = S&P500 -1.10%, Nasdaq -0.74%/ Asian stocks up +0.4 ~ +1.84% Interest rates plummeted = 10-year U.S. Treasury note 3.430% (-15.3 basis points) Oil prices plummeted = $66.74 per barrel WTI (-2.36%