Stocks edge higher but set weekly decline on US election nerves; crude oil rises

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 32 sec. here
  • 31 min. at publisher
  • 📊 Quality Score:
  • News: 117%
  • Publisher: 78%

Kitco News News

Gold,Silver,Platinum

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

NEW YORK, Oct 25 - Global stocks were trading higher on Friday, although they were set for a weekly loss amid U.S. election jitters, while oil prices rose, buoyed by Middle East tensions.

The benchmark S&P 500 was on track to finish the week slightly lower, although gains in technology and communication services stocks were pushing the index higher on the session. European shares index , was also up 0.1% but on track to finish lower. Overnight in Asia, MSCI's broadest index of Asia-Pacific shares outside Japan , closed higher by 0.1% but dropped nearly 2% for the week.

"But in the short run, there's no question that this is a market being bounced around by political developments and expectations, and the general perception that Trump would be better for the markets than Harris."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jim Wyckoff Brings Decades of Market Expertise to Kitco NEWSLearn about Jim Wyckoff's extensive background in the stock, financial, and commodity markets, including his roles as a journalist, analyst, and consultant.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »