Asia Mixed, Eurozone In Green, Crude Retreats After Monday's Surge - Global Markets Today While US Was Sleeping
Portfolio Pulse from Akanksha Bakshi
US stock markets closed higher on Monday, October 9, despite the Hamas-Israel conflict and a spike in oil prices. Major defense companies, oil and gas giants saw a surge in their stock prices. The Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite all closed higher. Asian markets were mixed, with Japan’s Nikkei 225 and Australia’s S&P/ASX 200 closing higher, while China’s Shanghai Composite and the Shenzhen CSI 300 fell. European markets were in the green, and US futures were up.
October 10, 2023 | 10:44 am
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POSITIVE IMPACT
The Dow Jones Industrial Average closed higher, which could lead to a short-term positive impact on DIA.
The Dow Jones Industrial Average directly affects the DIA ETF. As the index closed higher, it's likely that DIA will also see a positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
The Nasdaq Composite rose, which could lead to a short-term positive impact on QQQ.
The Nasdaq Composite index directly affects the QQQ ETF. As the index rose, it's likely that QQQ will also see a positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
The S&P 500 closed higher, which could lead to a short-term positive impact on SPY.
The S&P 500 index directly affects the SPY ETF. As the index closed higher, it's likely that SPY will also see a positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100