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Asia Mixed, Eurozone In Green, Crude Retreats After Monday’s Surge – Global Markets Today While US Was Sleeping

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.

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Nasdaq Down 1% Amid Israel-Hamas Conflict; Shift Technologies Shares Plunge

U.S. stocks traded lower this morning, with the Nasdaq Composite falling more than 100 points on Monday. Following the market opening Monday, the Dow traded down 0.12% to 33,368.94 while the NASDAQ fell 1.01% to 13,295.67. The S&P 500 also fell, dropping, 0.44% to 4,289.49.

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Asia Markets Waver, Eurozone Mixed, Crude and Gold Jump Amid Middle East Tensions – Global Markets Today While US Was Sleeping

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.

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