Fed’s report on market view for January

Palo Alto Networks (PANW.O) saw its stock drop more than 20% overnight after forecasting third-quarter billings below Wall Street projections.

However, large shops like Walmart and Vizio saw a 16.26% increase in share price after Walmart announced its acquisition of the business for $2.3 billion.

The 10-year Treasury yield dropped to 4.26% on Wednesday, and the rates market appears more composed ahead of the Fed’s report.

The dollar started off a touch firmer, and U.S.-listed shares of Chinese companies rose premarket.

China’s housing administration announced 29.4 billion yuan and 123.6 billion yuan in development loans.

However, the CSI300’s one-year underperformance compared to the S&P500 has dropped from 37% to 33%.


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