Emerging Markets

On Monday, October 30th, U.S. stock markets closed significantly higher, rebounding from the previous week. Investors await economic data releases, and the Federal Reserve’s two-day monetary policy meeting. All 11 S&P 500 sectors ended in the green, with the communication services sector leading the way with the most significant percentage gain.

On Thursday, October 26, the U.S. stock markets closed in the red as investors processed mixed quarterly earnings and indications of economic resilience.

On Tuesday, October 24, U.S. stock markets closed higher as investor sentiment improved due to favorable corporate earnings. Under economic data, the U.S. manufacturing PMI rose to 50 in October, beating expectations, while the Services PMI increased to 50.9 in the same month, compared to 50.1 in the previous month.

On Monday, October 23, the U.S. stock markets closed mixed as Treasury yields retreated from 5%, and investors turned their attention to upcoming earnings and economic data.

On Friday, October 20, U.S. stock markets closed in red as investors worried about potential interest rate increases and the expanding Israel-Hamas conflict. All 11 S&P 500 sectors experienced declines, with technology and financials leading the downturn. The third-quarter U.S. earnings season is in full swing, with 86 S&P 500 companies having reported their results.