Week started with stock growth: market news

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Week started with stock growth: market news

May 28, 2018 - 12:00
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The week started with stocks growing in Europe, Asia and the US as meeting of American and North Korean leaders might take place next month, as Bloomberg reports. Index Stoxx Europe 600 gained 0,1%. Index DAX in Germany went up by 0,4%. Futures of S&P 500 Index gained 0,4%.

Photo © Gerd Altman, CC0 1.0

The week started with stocks growing in Europe, Asia and the US as meeting of American and North Korean leaders might take place next month, as Bloomberg reports. Index Stoxx Europe 600 gained 0,1%. Index DAX in Germany went up by 0,4%. Futures of S&P 500 Index gained 0,4%.

Euro went up by 0,3% to $1,682 after President of Italy rejected Finance Minister that is skeptical about euro area currency.

Oil continues to slide, while Saudi Arabia and Russia are discussing production recovery. WTI and Brent oil lost 1,7% costing $66,71 and $75,15 a barrel respectively.

Exchanges in the US and UK are closed for holidays today.

Emerging markets and currencies are getting ground. MSCI Index for Emerging Markets gained 0,4%. Turkish lira went up 1,3% and costs 4,6539 per dollar.

Price of gold slid to $1297,09 per ounce.