European markets were hit hard on Friday, as investors reacted to political turmoil in Europe and overseas. The pan-European STOXX 600 closed 3.20 points or 0.83% lower at 383.18. For the week, the widely watched equity benchmark finished 0.3% lower. The mood infected the rest of Europe, with Germany’s DAX closing 188.86 points or 1.52% lower at 12,246.73. For the week, German index fell about 0.5%. France’s CAC ended 46.92 points or 0.85% lower at 5,493.49, finishing the week flat. The U.K.’s FTSE slipped to finish the session down 35.24 points or 0.47% at 7,510.20. The U.K. stock benchmark still managed to end the week 0.3% higher
U.S. Stocks closed little changed as investors wrapped up a quarter that featured strong gains. The Dow Jones Industrial Average rose 18.38 points or 0.07% to 26,458.31, while the S&P 500f ell marginally 0.02 point lower to 2,913.98 and the Nasdaq Composite Index edged up 4.38 pointsor 0.05% to 8,046.35.
For the quarter, the S&P 500 rose 7.2 percent, its best quarterly gain since the fourth quarter of 2013. The Nasdaq Composite also notched a 7.1 percent quarterly gain, its best since first quarter 2017. The Dow Jones Industrial Average outperformed in the third quarter, rising 9.3 percent.
Oil prices rose more than 1 percent on Friday, with Brent climbing to a fresh four-year high, as U.S. sanctions on Tehran squeezed Iranian crude exports, tightening supply even as other key exporters increased production. November West Texas Intermediate crude the U.S. benchmark, climbed $1.13, or 1.6%, to settle at $73.25 a barrel on the New York Mercantile Exchange, the highest since July 10. Global benchmark November Brent picked up $1, or 1.19%, to expire at $82.72 a barrel on the ICE Futures Europe exchange.
Asia markets were mixed on Monday morning following the release of data Sunday that showed a slowdown in China's manufacturing sector. The Nikkei 225 continued its advance to trade 0.59% higher. The Kospi lost its earlier gains to trade lower by 0.10%. The ASX 200 slipped by 0.63% . The Chinese and Hong Kong markets are closed today.
SGX Nifty in Singapore is radig 8.00 points of 0.07% up at 10967.00.
Our Markets are expected to open on a flat-to-positive note on to day following a mixed trend seen in other Asian markets. Further, trends on SGX Nifty indicate a flat opening of our indexs.
Tw Markets look oversold and chance of a pullback rally can be expeted.
SGX Nifty in Singapore is tradig 10.00 points or 0.079 up at 10969.00.
Sorry of earlier typing earror.
Asia markets were mixed on Monday as the U.S. and Canada announced that they had reached a deal to replace the North American Free Trade Agreement. The Nikkei 225 ended the trading day higher by 0.52%. The Kospi recovered partially from its losses but still closed lower by 0.18%. The ASX 200 slipped by 0.57 %. The Chinese and Hong Kong markets were closed to day.
Stocks in Europe are higher on Monday morning as investors digested news of a trade agreement between the U.S., Canada and Mexico. The pan-European has gained 0.34%. The DAX is up 0.73% while France's CAC 40 is up 0.39% and London's FTSE 100 is up 0.14%.