Stocks in the US and Europe fell: Market News

Time to read
less than
1 minute
Read so far

Stocks in the US and Europe fell: Market News

October 17, 2018 - 14:00
Posted in:
0 comments

According to Bloomberg, stocks in the US and Europe fell as investors' confidence, which caused market growth a day earlier, started to fade. Dollar gained and US Treasuries are stable.

Photo © Gerd Altmann, CC0 1.0

According to Bloomberg, stocks in the US and Europe fell as investors' confidence, which caused market growth a day earlier, started to fade. Dollar gained and US Treasuries are stable with yield at 3,16%.

Auto producers showed biggest losses within Stoxx Europe 600. It fell by less than 0,05% as auto sector decline exceeded good results from memory chips manufacturer ASML Holding NV. UK's FTSE gained 0,3%, DAX in Germany is 0,3% down. S&P 500 futures fell by 0,2%.

Most European bonds gained. Yield of 10-year German bonds fell to 0,47%. Yield of UK's 10-year bonds declined to 1,578%.

Mood at Asian markets was more optimistic earlier. Shares in Japan, South Korea and Australia grew. MSCI index for Asian-Pacific gained 0,7%.

British pound lost 0,3% to $1,312. Euro fell by 0,3% to $1,1545.

Oil price fell after OPEC's secretary general assured that market is well supplied. WTI oil lost 0,5% to $71,58 per barrel. Price of gold is $1226,33 per ounce.