Stocks rise, oil drops; big tech-related earnings on tap this week

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NEW YORK :Global stock indexes rose on Monday as investors awaited earnings reports this week from several of the biggest U.S.tech-related companies, while oil prices fell sharply after Israel's retaliatory strike against Iran at the weekend bypassed oil and nuclear facilities.

The S&P 500 energy sector was down 0.8 per cent., and U.S.crude oil futures fell $4.40, or 6.1 per cent, to settle at $67.38 a barrel.

In Japan, Tokyo's Nikkei closed up 1.8 per cent, after initially dipping following the election result.

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Article Details

Category: EconomyBusiness

Markets: SingaporeIsraelJapan

Topics: Investors Cent Rose Fell Japan Trump York Dollar Election Week Points

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-28 @ 17:11:10 (3 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 660 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 23296781

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 58 posts per day

Year Established: 1999

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News Last Updated: 1 hours ago

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Publisher ID: #27

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