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U.S. Stocks Down In Cautious Trade As Investors Await Fresh Data For Directional Clues
U.S. stocks are down in negative territory Monday afternoon with investors assessing the most recent economic data and looking ahead to the readings on consumer price and producer price inflation due later in the week. Worries about escalating tensions in the Middle East weighed as well.
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Swiss Market Ends Slightly Up
After a positive start and a subsequent fall into negative territory Monday morning, the Switzerland market moved higher a little past noon, and stayed above the flat line to eventually end the day's session with a small gain.
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Major European Markets Close Higher
The major European markets closed higher higher on Monday as largely firm Asian markets and the recent upbeat jobs data from the U.S. helped keep investor sentiment fairly positive. Worries about rising tensions in the Middle East and caution ahead of some crucial economic data, including readings on U.S. consumer price inflation, limited markets' upside.
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Bay Street Likely To Open With Slightly Positive Bias On Higher Commodity Prices
Higher crude oil and bullion prices point to a positive start for the Canadian market Monday morning, but escalating Middle East tensions could hurt sentiment and limit market's upside.
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Wall Street Likely To Open On Weak Note
Lower futures amid rising tensions in the Middle East, and a lack of positive news from the home front points to a weak start for stocks on Wall Street Monday morning.
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Safe Haven Dollar Jumps More As Jobs Data Seen Vexing Fed's Rate Cut Plans
The U.S. dollar made an emphatic leap against major currencies during the week ended October 4 amidst a dramatic escalation in geopolitical tensions in the Middle East as well as a superb jobs report from the U.S.
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Barnes Group To Be Taken Private By Apollo Global Management In $3.6 Bln All-cash Deal
Barnes Group Inc. (B) announced Monday that it has entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo Global Management, Inc. (APO) in an all-cash transaction that values Barnes at an enterprise value of approximately $3.6 billion.
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more news
Sensex Drops Over 600 Points; Nifty Nears 24,800
Indian shares gave up early gains to end deep in the red on Monday due to lingering Middle East headwinds, continued FII outflows, and caution ahead of an upcoming RBI monetary policy meeting, the release of September-quarter corporate earnings and the outcome of state elections in Haryana and Jammu and Kashmir on October 8.
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Pound Slides On Middle East Tensions, Declining Fed Rate Cut Bets
The British pound weakened against other major currencies in the European session on Monday, amid growing worries about Israel's potential retaliation against Iran for a missile attack and robust U.S. jobs data signaled economic resilience but prompted trades to pare bets on aggressive Federal Reserve interest-rate cuts.
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Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Monday.
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European Shares Subdued As Bond Yields Climb After US Jobs Data
European stocks were subdued on Monday due to pressure from higher bond yields following robust U.S. jobs data released last week.
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FTSE 100 Little Changed In Lackluster Trade
U.K. stocks struggled for direction on Monday as last week's strong U.S. jobs report fueled bets for a smaller rate cut by the Federal Reserve in November.
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CAC 40 Little Changed As Traders Pare Fed Rate Cut Bets
French stocks were little changed on Monday as robust U.S. jobs data released on Friday lifted bond yields.
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