The S&P 500 fell in the last trading session and the heavy for technology Nasdaq 100 fell 1.1%. Apple Inc. receded, ending its biggest rally since 2003. Bonds rose in all maturities, after a brief reversal in a part of the curve on Tuesday that signaled the prospect of recession. In Europe, short-term banknotes have sold out as traders bet that higher-than-expected inflation will force policymakers to end the era of negative interest rates. Russia has said talks with Ukraine have yielded no results and that it is rebuilding forces in a bid to end the occupation of eastern Donbass. The White House has said that Russian President Vladimir Putin is being misled by his advisers on the war. Reports that COVID-19 cases in New York City were rising again also affected the sentiment. “We are skeptical of surpassing ourselves here in terms of hope,” Lisa Shalett, Morgan Stanley Wealth Management’s chief investment officer, told Bloomberg TV. “While we respect the amount of liquidity out there and the desire to ‘buy the dive’ after seeing a correction in the S&P 500 and a bear market in the Nasdaq, the reality is that the risk has really increased fundamentally, whether you’re talking about geopolitics danger ”or fundamental. “We continue to warn people about the vulnerability of profits here.” Oil rose again above $ 107 a barrel in New York. The dollar slipped, the euro rose and the yen jumped from a six-year low as the Bank of Japan pledged to buy more securities than planned and include longer-term debt. President Joe Biden plans to invoke Cold War powers on Thursday to encourage domestic production of critical minerals for electric vehicles and other types of batteries, say those familiar with the matter. The announcement sparked a rally in lithium producers. The economic damage from the war is deteriorating across Europe, as record inflation is already soaring and Germany is in danger of recession due to its dependence on Russian energy. Germany has launched an emergency plan to prepare for a possible shutdown of Russian gas, as President Vladimir Putin insists critical fuel must be paid for in rubles. Russia may expand the list of goods for which it requires payment in rubles to include cereals, oil, metals and more. Update on Ukraine: Russia Redeploys Troops to Conquer Donbass On the financial front, U.S. companies added 455,000 jobs in March after revising a 486,000 increase in February, according to the ADP Research Institute. The figures are in line with the Federal Reserve’s view that the labor market is strong and precedes the government’s monthly employment report on Friday, which is currently projected to show that private wages rose by about half a million in March. Fed Richmond Bank chairman Thomas Barkin said he was open to raising interest rates by half a percentage point at the policy meeting in May, depending on how strong the US economy was at the time. More commentary

“The markets will be tested again,” said Carin Pai, head of portfolio and equity management at Fiduciary Trust International, which has more than $ 102 billion in assets under management and management. “We are going to see more instability this year. “It’s not that we are falling at this point, we are just taking a little more careful stance, taking a little risk from our portfolios, especially now that the markets have recovered somewhat from the lows we have seen.” “It is always difficult to predict what the Fed will do, it is even more difficult in an environment like this,” Troy Gayeski, head of market strategy at FS Investments, told Bloomberg TV. “It seems that they took the lessons from ’18 and will move very carefully in the balance sheet. But it will be a sloppy, unstable, messy year. “And after the recent rally we had, which some categorize as a bear market rally, it’s very difficult to get excited about any kind of risky trading.” “I do not think the bear market is enough, but I would say – what is the positive side of stocks from here – I do not think it is that much,” said Seema Shah, chief strategist at Principal Global Investors. Bloomberg TV. “But the negative risks are so great. Not only that, of course, the geopolitical crisis continues. But then you have the Fed raises. It’s time to dump her and move on. “

Some key events to watch this week:

China Manufacturing, Non-Manufacturing PMI, Thursday OPEC and non-OPEC ministerial meeting to discuss production targets on Thursday New York Fed Chairman John Williams will speak on Thursday US Jobs Fair, Friday

Some of the main movements in the markets:

inventories

The S&P 500 fell 0.6% at 4 p.m. New York time The Nasdaq 100 fell 1.1%. The Dow Jones Industrial Average fell 0.2%. The MSCI World Index fell 0.3%.

currency

The Bloomberg Dollar Spot index fell 0.4%. The euro strengthened 0.6 percent to $ 1.1153 The British pound rose 0.3% to 1.3133 US dollars The Japanese yen rose 0.9% to 121.83 yen per dollar

Links

The yield on 10-year bonds fell four basis points to 2.35 percent Germany’s 10-year yield rose by one basis point to 0.65%. Britain’s ten-year yield rose two basis points to 1.67%.

Goods

West Texas Intermediate crude rose 3 percent to $ 107.38 a barrel Gold futures rose 1.1% to $ 1,940 an ounce