Asia

On Tuesday, October 10, U.S. stock markets closed higher, driven by declining yields across various maturities, including a drop in the 10-year yield to 4.652%. The majority of the S&P 500 sectors ended positive, with utilities, materials, consumer discretionary, and consumer staples leading the gains. In contrast, energy stocks slightly declined.

On Monday, October 9, the U.S. stock markets closed higher despite the uncertainty caused by the Hamas-Israel conflict and a spike in oil prices. The announcement of the conflict incited a surge in oil prices due to supply anxieties. However, lenient comments from Federal Reserve officials helped reverse initial declines in stock indexes.

On Friday, October 6, the U.S. stock markets closed higher, reacting to a surprising increase in job creation last month, sparking renewed discussions on a potential Federal Reserve interest rate hike this year, despite slow wage growth.

On Wednesday, October 4, the U.S. stock markets ended higher, led by tech-focused Nasdaq Composite, influenced by the September private payrolls data rising below expectations. Private payrolls increased by 89,000 in September, significantly falling short of the anticipated 153,000 and down from 180,000 in August, as per the ADP and Moody’s Analytics report.