Stocks cling to gains before megacap earnings, jobs data, US election

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 22 sec. here
  • 31 min. at publisher
  • 📊 Quality Score:
  • News: 113%
  • 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.

LONDON, Oct 29 - European shares held slight gains on Tuesday as investors girded for three days of megacap tech earnings reports on Wall Street, while the dollar hovered near a three-month high before key labour market data.

"Markets are in a positive mood, and seem to be immune to event risk," said Kathleen Brooks, research director at XTB.Germany's DAX , opens new tab, Britain's FTSE 100 , and France's CAC 40 , were up between 0.1% and 0.3%. Recent robust U.S. economic data, including evidence of a resilient job market, have prompted a scaling back of bets on further Federal Reserve easing this year, boosting the dollar.

 

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 CA

Canada Canada Latest News, Canada Canada Headlines

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

Kitco NEWS: Jim Wyckoff - Experienced Market Analyst Joins the TeamKitco NEWS welcomes seasoned market analyst Jim Wyckoff to its team. With over 25 years of experience in the stock, financial, and commodity markets, Wyckoff brings a wealth of knowledge and insights to Kitco's readers.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »