US stocks put the end to global rally: Market News

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US stocks put the end to global rally: Market News

November 08, 2018 - 12:45
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According to Bloomberg, US stocks put the end to global rally that spread to Europe and Asia after midterm elections. Yield of US Treasuries fell from the highest since 2011.

Фото © Gerd Altmann, CC0 1.0

According to Bloomberg, US stocks put the end to global rally that spread to Europe and Asia after midterm elections. Yield of US Treasuries fell from the highest since 2011.

Stoxx Europe 600 returned earlier losses after impressive earnings reports from such companies, as AstraZeneca Plc and Siemens AG. Japanese Topix gained 1,7%. Stocks in Hong Kong and South Korea also showed solid growth.

Dollar went up. Yield of Italian bonds grew after another warning of EU on the countries widening budget deficit.

WTI oil is growing after eight days of losses.

The main moves at the market reported by Bloomberg by the middle of the day include:

Stoxx Europe 600 gained 0,2%, while futures of S&P 500 lost 0,5%. MSCI gauge for Asian-Pacific region is 0,9% up, index for emerging markets grew by 0,4%.

Bloomberg Dollar Spot Index gained 0,1%. Euro lost less than 0,05% to $1,1423. Japanese yen fell by 0,2% to 113,70 per dollar. British pound lost less than 0,05% to $1,3124.

Yield of US Treasuries fell to 3,22%. Yield of German 10-year bonds grew to 0,46%.

WTI oil is 0,6% down and is traded for $62,03 per barrel. Price of gold is $1224,03 per ounce.