Oil jumps, stocks drop on Middle East conflict: Markets wrap

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 77%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Spot gold rose 0.9% to $1 849.42 an ounce.

Oil jumped more than 5% after Hamas’s surprise attack on Israel raised fears of a wider conflict. Investors shunned traditionally risky assets such as stocks and instead bought gold, bonds and the dollar.

The Bank of Israel said it will sell as much as $30 billion in foreign exchange, and extend up to $15 billion through swap mechanisms to support markets. The shekel slipped to the weakest in seven years as fighting entered a third day. China reopens A gauge of Asian stocks was little changed, with energy shares among those rising on the back of elevated oil prices. The S&P 500 had advanced 1.2% Friday, snapping a four-week losing streak.

Data showed tourism revenue surged on an annual basis during the period, but edged only slightly above its pre-Covid level, suggesting relatively muted consumer sentiment continues to weigh on economic growth.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 5. in BR

Brasil Últimas Notícias, Brasil Manchetes