current global markets: Thursday’s equity Global markets had mixed results. The European stocks ended higher as US stocks fell.
On supply worries in the midst of the Israel-Hamas war, crude oil prices increased.
This week, as hostilities between Israel and the Palestinian organization Hamas stoked concerns of a broader conflict, the iShares MSCI Israel exchange-traded fund (EIS) saw significant withdrawals and its price drop to a three-year low.
Global markets – U.S. stock
On Thursday, the US stock indexes declined after a government auction raised bond rates.
The S&P 500 finished at 4,349.45 points after dropping 27.50 points (0.63%). At 13,574.22, the Nasdaq Composite was down 85.46 points, or 0.63%. At 33,631.10, the Dow Jones Industrial Average dropped 173.77 points, or 0.51%.
Following the release of the inflation figures, the benchmark 10-year treasury rates spiked even more, reaching a session high following the auction. The benchmark yield increased to 4.728 percent.
According to research, consumer inflation in the US remained stable in September.
Currencies
From 149.26 to 149.84 Japanese yen, the US dollar increased. The euro dropped from $1.0607 to $1.0527.
Global markets – Europe
The pan-European STOXX 600 index closed up 0.1% on Thursday despite European markets erasing early gains.
The FTSE 100 in Britain increased 0.3% to 7,644.78 points. The DAX in Germany fell 0.2% to 15,425.03. The CAC 40 in France dropped 0.4% to 7,104.53.
1.3 % of energy equities increased when oil prices increased.
Energy costs
On Thursday, the US crude oil benchmark for November delivery dropped 58 cents to $82.91 a barrel. Brent crude increased 18 cents to $86 a barrel for delivery in December.
Global markets – Asia
On Thursday, stock markets across Asia increased.
The Hang Seng index for Hong Kong increased by 1.9% to 18,238.21. The Shanghai Composite in China increased 0.9% to 3,107.90. The Nikkei 225 in Japan increased 1.8% to 32,949.66.
The benchmark Kospi index for South Korea finished at 2,479.82 up 29.74 points, or 1.21%.
Bullion
At $1,883 per ounce, gold for December delivery decreased by $4.30. At $21.96 per ounce, silver for December delivery dropped 17 cents.
