News Formal

Philippine stocks fall after Hamas attack against Israel

  • 📰 PhilstarNews
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 94%

United States News News

United States United States Latest News,United States United States Headlines

Philippine stocks fell as the conflict between Israel and Palestine over the weekend weighed on market sentiment.

The Philippine Stock Exchange index fell 7.79 points or 0.12 percent to close at 6,252.16 yesterday.

“Many participants opted to stay on the sidelines as they adopted a wait-and-see stance while the situation unfolds,” Colet said. US Defense Secretary Lloyd Austin ordered the Ford carrier strike group to sail to the Eastern Mediterranean to be ready to assist Israel, in a move meant to help deter any regional expansion of the conflict.

A strong job market also carries some rewards for financial markets in the short term. It means the economy is still doing well despite high rates, which could support corporate profits.

Employees at US industrial automaker Mack Trucks voted down a labor agreement on Sunday and will join some 25,000 other United...

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:

 /  🏆 1. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

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

Stocks, peso slide on Middle East conflictPhilippine stocks and the peso tumbled Monday amid fears of prolonged Israel-Palestine conflict.
Source: MlaStandard - 🏆 20. / 55 Read more »