Stock market today: World shares rebound following latest tumble on Wall Street. Oil prices gain $2

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World shares have advanced and oil prices jumped about $2 after the Israeli military said its troops and tanks had briefly entered northern Gaza.

A currency trader walks by the screens showing the Korea Composite Stock Price Index at a foreign exchange dealing room in Seoul, South Korea, Friday, Oct. 27, 2023. Asian shares advanced Friday after the latest tumble on Wall Street, where the S&P 500 fell to its lowest level in five months. – World shares were mostly higher on Friday and oil prices jumped about $2 after the Israeli military said its troops and tanks hadGermany’s DAX gained 0.4% to 14,796.

Tokyo core consumer inflation, which excludes volatile fresh food prices, rose 2.7% in October, the Statistics Bureau reported Friday. As a leading indicator of nationwide trends, it suggests a broader trend of rising prices. The yield on the 10-year Treasury fell to 4.86%, from 4.96% late Wednesday, after reports showed the U.S. economydespite much higher interest rates that have already lashed the stock market.

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