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.