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17:24
UK 2/10-year government bond yields rise by about 10 basis points
Two-year UK gilt yields rose by 9.7 basis points to 3.734%, remaining steady around 3.75% throughout the day after opening higher. Thirty-year UK gilt yields increased by 9.0 basis points to 5.174%; fifty-year UK gilt yields rose by 8.5 basis points to 4.761%. The yield spread between 2-year and 10-year UK gilts remained roughly unchanged at +73.386 basis points.
17:19
The European STOXX 600 Index provisionally closed down 3.14% at 603.93 points.
Eurozone STOXX 50 Index preliminarily closed down 3.61%, at 5770.95 points. FTSE Eurotop 300 Index preliminarily closed down 3.15%, at 2409.37 points.
17:14
At a conference for financial professionals, Target CEO Brian Cornell announced that the company plans to invest up to 1 billion dollars this year, aiming to comprehensively enhance the consumer shopping experience.
This significant investment decision demonstrates Target's firm commitment to strengthening its market position by optimizing service quality, amid increasingly fierce competition in the retail industry.
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