Global Stocks Rally as Investors Regain Some Nerve

The MSCI All-World index rose for a fifth day, up 0.5%, after having hit five-month lows last week, thanks in part to a 1.4% rise in Europe's STOXX 600.

The Israeli military has since said it called up an unprecedented 300,000 reservists and was imposing a total blockade on the Gaza Strip, raising expectations of a possible ground assault. Israeli markets and the shares of companies exposed to Israel have been hit hard. The shekel, which hit a near-eight year low against the dollar the day before, was down 0.3% on the day, while the cost of insuring against the risk of sovereign default surged to its highest since 2016.

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Stock Market Today: Stocks higher, Treasury yields retreat as global markets settleA big pullback in Treasury bond yields, as well as Israel's securing of its southern border with Gaza, has stocks moving cautiously higher in early Tuesday trading.
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These defensive stocks could help investors fortify their portfolio in this risky marketThe Israel-Hamas conflict has put investors on edge as the market grapples with high rates, inflation and rising energy prices.
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Japanese stocks rally as Hang Seng risesSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
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Japan and South Korea defense stocks jump after Hamas attack, aviation stocks slideJapan and South Korea returned to trade today after a public holiday on Monday.
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