Month: <span>October 2023</span>

Global shares: US rebounds on earnings optimism; Europe rises as inflation eases; Asia extends losses amid Middle East concerns

US markets US equities rebounded strongly on Monday amid the prospect of a rosier upcoming earnings season. The bellwether S&P 500 jumped 1.1 percent, the tech-heavy NASDAQ climbed 1.2 percent, and the blue-chip Dow Jones Industrial Average gained 0.9 percent. Still, investors remained vigilant of an escalation of the military conflict in the Middle East. […]
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Global shares: US, Europe, Asia end the week on a sour note, geopolitical tensions in focus

US markets US equities pared morning gains to end lower on Friday as the Middle East conflict offset upbeat quarterly earnings from major US banks. A surge in oil prices and inflation expectations also dented market sentiment. The bellwether S&P 500 lost 0.5 percent, the tech-heavy NASDAQ fell 1.2 percent, while the blue-chip Dow Jones […]
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U.S. stocks moved, energy soared, commodity prices rose, and the stock market needed to focus on earnings reports.

International News The volatility of U.S. stocks escalated in late trading last week. Bank stock performance was positive but was suppressed by geopolitical concerns and monetary policy expectations. The sharp rise in crude oil and gold prices drove the Cboe Fear Index VIX to once exceed the 20 mark during the day and approach high […]
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