Disappointing Start of the Month on US Markets due to the USD Strength and International Bond Crash - British Government Bond Yields at an all-Time High - SMA Solar Stock Drops by Nearly one Third After Revoking Annual Forecast - Activist Elliott Invests $4 Billion in PepsiCo - MannKind Strengthens Partnership with United Therapeutics - Gold at Record Levels
Reading Time: 10 minutes
US markets – weak September start due to global bond crash and USD strength The September trading start on Wall Street is disappointing, as American stocks cannot escape the global sell-off of government bonds. While the S&P 500 and the Nasdaq 100 declined by 0.84% and 1.1% respectively on Monday, concerns about inflated valuations, particularly among prominent tech stocks, are mounting. At the same time, gold reaches new record levels, while the US dollar gains strength, thereby affecting the international currency landscape. British...
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