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Stocks gain, oil falls 6%; big tech-related earnings on tap this week – Oct 29

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Index Last Change % Change
trading higher

42,387.57 +273.17 0.65%Positive
trading higher

18,567.19 +48.58 0.26%Positive
trading higher

5,823.52 +15.40 0.27%Positive
Index Last Change % Change
trading higher

38,605.53 +691.61 1.82%Positive
trading higher

20,599.36 +9.21 0.04%Positive
trading higher

80,005.04 +602.75 0.76%Positive

Source: LSEG, opens new tab – data delayed by at least 15 minutes

Fixed Income

10-year yield touched 4.30% and is now up 64 basis points since the Fed cut rates on Sept. 18

Equities

Investors are watching US NFP for October on Friday and  the U.S. presidential election just over a week away. while U.S. earnings season is in full swing:

Alphabet (GOOGL.O), opens new tab, Microsoft (MSFT.O), opens new tab, Meta (META.O), opens new tab, Apple (AAPL.O), opens new tab Amazon.com (AMZN.O), opens new tab.

MSCI’s (.MIWD00000PUS), opens new tab rose 2.44 points, or 0.29%, to 847.93.

STOXX 600 (.STOXX), opens new tab index rose 0.41%.

Forex

DXY fell 0.08% to 104.30, and the euro was up 0.19% at $1.0813.
JPY fell to a three-month low against the dollar following an election in Japan thrust the country into political turmoil.

Commodities

Oil prices tumbled as worries about a wider Middle East war eased. Brent futures settled at $71.42 a barrel, down $4.63 or 6.09%. WTI U.S. crude futures settled at $67.38, down $4.40 or 6.13%.
For more news visit Reuters.com