Today’s Market News |
Key developments on Monday: |
|
China fresh stimulus details come after Chinese stocks slumped on Friday, with CSI300 closing down 2.8%. For the week, the CSI300 fell by 3.3%. But the index remains up more than 20% over the past month, lifted by stimulus news.
South Korea’s central bank cut rates for the first time since mid-2020 on Friday and flagged room to reduce further.
U.S. producer prices were unchanged in September, according to data on Friday, a day after a report showed consumer prices rose a bit above expectations in September. Markets anticipate 25 bps cut next from Fed.
Oil prices settled lower on Friday but rose for the second straight week. Traders were grappling with potential supply disruptions from the storms in the U.S. southeast and tensions in the Middle East.
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading higher
|
42,863.86 | +409.74 | 0.97%Positive |
|
trading higher
Nasdaq Composite Index
.IXIC |
18,342.94 | +60.89 | 0.33%Positive |
|
trading higher
S&P 500 Index
.SPX |
5,815.03 | +34.98 | 0.61%Positive |
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading higher
Nikkei Index
.N225 |
39,605.80 | +224.91 | 0.57%Positive |
|
trading higher
Hang Seng Index
.HSI |
21,251.98 | +614.74 | 2.98%Positive |
|
trading lower
S&P BSE SENSEX Index
.BSESN |
81,337.78 | -273.63 | 0.34%Negative |
For more news visit Reuters.com
