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Asia Markets Mixed, Europe Stumbles, Crude Gains And Gold Stays Above $1,950 – Global Markets Today While US Was Sleeping

On Tuesday, October 17, the U.S. stock markets closed mixed, reflecting strong economic data and robust Q3 earnings, hinting at a prolonged tight monetary policy by the Federal Reserve. U.S. retail sales increased by 0.7% in September, surpassing estimates of a 0.3% rise, while U.S. industrial production saw a 0.3% monthly gain in September, exceeding market expectations.

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Asia Markets Rise, Europe Faces Slight Downturn, Gold Remains Above $1,900 – Global Markets Today While US Was Sleeping

On Monday, October 16, the U.S. stock markets closed higher, reflecting optimism over earnings season. Treasury yields increased as investors closely monitored the ongoing conflict between Israel and Hamas. In economic data, the NY Empire State Manufacturing Index for October was reported at -4.6, a drop from 1.9 in the previous month but still better than the expected -7.

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