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Wednesday preview: ADP jobs report, Tesco in focus
Investors will be focused on a raft of economic indicators due out in the U. S.
Sector movers: Electricity, Personal Goods names pace losses
Interest rate-sensitive Electricity names were again a major drag on the stock market on Tuesday as longer-term government bond yields on either side of the Atlantic continued to get pushed higher.
Europe close: Stocks fall sharply as bond yields continue grind higher
European stocks dropped sharply, tracking losses on Asian markets amid the drag from mining and utility stocks.
US open: Stocks under pressure as bond yields continue move higher
US stocks were coming under renewed pressure on Tuesday morning as bond yields continued to move higher even as investors waited on Friday's all-important non-farm payrolls report.
U.S. job openings jump unexpectedly in August, but quits rate at pre-pandemic level
The number of job openings increased unexpectedly in August, but the proportion of Americans voluntarily leaving a position continued to be at the same level as before the pandemic.
Europe midday: Stocks still under pressure after hawkish remarks from Fed officials
European stocks were holding lower, tracking losses on Asian markets amid the drag from mining and utility stocks.