What happened?
In this week's Weekly Market Review in partnership with Securities Investors Association Singapore (SIAS), we discuss key developments in the global equity market and also share more about Mapletree Logistics Trust and Mapletree Pan Asia Commercial Trust. Watch the video to learn more about what we are looking out for this week.Weekly Market Review
2:04 - Macro Update
The S&P 500 fell by 1%, marking its first weekly decline after six consecutive weeks of gains.Nasdaq rose by 0.2%, driven by the improved sentiment given the strong earnings reported by Tesla.The STI had a 1.3% decline, back to below the 3,600 levels, due to losses from the Singapore REITs.
The US 10-year government bond yield exceeded 4.2% from a low of about 3.6% in September.