Recovery of global stocks and continued decline in oil prices

D + D – Normal size

Global stock markets rebounded yesterday on signs of progress in negotiations between Russia and Ukraine, and European stocks opened with strong gains yesterday, as did Asian and Wall Street markets as investors looked forward to the outcome of the peace talks between Moscow and Kiev. In Turkey.

The Pan-European Stoxx 600 index rose 8%, extending its gains for the third consecutive session, with continuous waves of selling on bonds.

Major U.S. stock indices rose early, and the Dow Jones Industrial Average opened trading on the Wall Street Stock Exchange, up 0.45% to 35114.35 points, while the benchmark Standard & Poor’s 500 Index was up 0.60% at 4,602. The Nasdaq Joint Index was up 1.01% at 14500.39 points.

Japanese stocks ended higher yesterday, following in the footsteps of US stocks last night, and car and shipping companies led the gains.

The Nikkei index was up 1.1% at 28,252.42 points and the broader topic index was up 0.93% at 191.66 points.

International oil prices continued to fall for the second day in a row in Asian markets yesterday, where West Texas Intermediate crude for US oil traded 7% lower at $ 105 a barrel yesterday. Fears that demand for crude oil will decline in light of the growing corona virus outbreak in China could lead to restrictions on its movement.

Print
Email




  • Nadia Barnett

    "Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator."

    Related Posts

    • Economy
    • November 2, 2024
    • 19 views
    Emils Kerimovs on Wealthtech Revolution: Investing in the Middle East and Africa

    The wealth management landscape is undergoing a dramatic transformation, fueled by the rise of financial technology (fintech), according to fintech entrepreneur Emils Kerimovs. No longer exclusive to the ultra-wealthy, innovative…

    UAE Powering Gaming Boom in the Middle East

    The gaming industry in the Middle East is experiencing a growth spurt, with Saudi Arabia and the United Arab Emirates (UAE) among the countries attracting major investments. However, this digital…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    How to Choose the Right Mattress: Find the Best Fit for You

    How to Choose the Right Mattress: Find the Best Fit for You

    Emils Kerimovs on Wealthtech Revolution: Investing in the Middle East and Africa

    Emils Kerimovs on Wealthtech Revolution: Investing in the Middle East and Africa

    Forex Brokers Review: Is ITBFX A Safe Broker?

    Forex Brokers Review: Is ITBFX A Safe Broker?

    Best Kitchen Renovation Ideas to Upgrade Your Space

    Best Kitchen Renovation Ideas to Upgrade Your Space

    Where to Get a Professional Massage in Dubai

    Where to Get a Professional Massage in Dubai

    Dog Spay Surgery 101: Benefits, Risks, Cost, and Aftercare

    Dog Spay Surgery 101: Benefits, Risks, Cost, and Aftercare