South African stocks rise 1.3% on Friday
The FTSE/JSE All Share Index rose 1.3% to 108,524.77, with DRDGOLD, Motus Holdings and Woolworths among the top movers.
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The FTSE/JSE All Share Index rose 1.3% to 108,524.77, with DRDGOLD, Motus Holdings and Woolworths among the top movers.
The Federal Reserve’s Survey of Consumer Finances found median family net worth rose 2% from 2022 to 2025 to about $216,000, while wealth gains were much larger for affluent and older Americans.
Mexico’s IPC Index climbed 0.5% to 65,340.17 in early Friday trading.
American consumers are the gloomiest they’ve been in more than seven decades. That’s according to the University of Michigan’s consumer sentiment index, which fell to 46.3 in the preliminary October reading, from 48.1 in September. Economists expected 47.6. Only May’s 44.8 was lower. Before this year, the record low wa
Bitcoin moved up to around $82,700 in Friday morning trade. The move was part of a broader market update on early stock, rates and commodity action.
US stocks were modestly higher early Friday as oil prices pulled back and market breadth improved.
Bitcoin moved up to around $82,600 in morning trading Friday. The article also noted gains in major U.S. stock indexes and moves in Treasury yields and crude oil.
Optical networking stocks climbed in premarket trading Friday, including Lumentum and Coherent, after a CEO warning that AI components are sold out through 2029.
US stocks moved higher on Friday, with the S&P 500 gaining 0.4%, the Nasdaq rising 0.6% and the Dow Jones advancing 107 points. The gains were driven by a rebound in technology shares following the previous session’s sell-off. Sentiment was supported by reports that OpenAI expects to reach or exceed $70 billion in annu
Investor's Business Daily highlights upcoming third-quarter reports from AZZ, Fastenal and Travelers, alongside several major banks. The piece also notes consensus estimates and option setups for the three non-bank names.
Dow Jones, S&P 500 and Nasdaq futures were higher early Friday as AI stocks recovered from Thursday's selloff. Delta Air Lines missed views and guided low, while SpaceX said it plans to buy wireless spectrum from Grain Management subject to approval.
Bank of America strategists say European stocks are set to perform in line with global peers after a period of underperformance.
US stock futures advanced as oil prices retreated and concerns over the sustainability of AI investment eased. S&P 500 futures rose 0.4%, while Nasdaq 100 contracts gained 0.8%, signalling a potential rebound after two consecutive sessions of losses. An exchange-traded fund tracking chipmakers climbed 1.5% in premarket
SpaceX rose 4% in premarket trading after Barclays initiated coverage with a Buy rating and $254 price target. The company also announced a low-band spectrum purchase tied to its wireless service plans.
Renting is still cheaper than owning a home in the U.S., but housing costs have outpaced incomes for decades, and high mortgage rates are squeezing buyers, according to J.P. Morgan, as homeownership among those under 35 falls to its lowest in nine years. Renting Is Cheaper, But Not Cheap On a monthly cash-flow basis, r
Stock futures rose Friday as AI-related shares recovered and oil prices fell. The rebound followed Thursday's tech selloff, while investors also looked ahead to next week's earnings season and later U.S. consumer sentiment data.
The OMX Iceland All-Share Index gained 0.6% to 2029.20 in early trading Friday. Bera led among large-cap stocks, up 6.8%, while Reitir fasteignafelag rose 2.7% and Hagar Hf. added 2.2%. The WSJ Dollar Index held at 97.33 and the dollar was steady at 121.95 krona.
Emerging-market equities gained 0.5% while currencies steadied as worries about a near-term US-Iran flare-up eased; elevated oil prices and bond yields kept investors cautious.
European shares are higher after oil prices retreated from a sharp rise the day before; telecoms underperformed as the market digested concerns around the sector.
The FTSE MIB rose above 49,700 on Friday, recovering some ground after hitting a more than four-month low in the previous session, as falling oil prices offered some relief to markets. US President Donald Trump said Washington would hold off on striking Iran before the November midterm elections, citing productive nego
Denmark’s OMX Copenhagen 20 Index climbed 0.9% to 1509.02 in early Friday trading.
Finland’s OMX Helsinki 25 Index added 0.4% to 6372.05 in early Friday trading, with Metsa Board Series A leading at +4.0% and Neste the biggest early laggard.
The OMX Stockholm 30 Index gained 1.4% to 3,247.55 in early Friday trading. Swedish equities, a weaker dollar vs. the krona, and a fall in the 10-year government bond yield were also reported.
Nvidia-backed cloud-computing company Firmus Grid withdrew its application to list on the Australian Securities Exchange and scrapped plans for an IPO it said would have raised almost US$5 billion. The company cited recent market volatility and prevailing market conditions.
Tata Consultancy Services shares jumped nearly 4% in early trade following its Q2 FY27 earnings announcement, lifting IT stocks.
The S&P/ASX 200 rose 0.5% to 8,699.80, with bank and gold-stock gains outweighing losses in miners as risk appetite improved after Trump pledged to halt attacks on Iran ahead of November’s midterm elections.
The Nasdaq composite fell 1.3% in a mixed session as AI-related shares slid after reports of lower-than-expected OpenAI revenue. Oil prices rose after President Donald Trump's remarks on the Middle East war, while Federal Reserve Gov. Christopher Waller said additional rate hikes may be needed.
Bitcoin moved down to around $81,500 in afternoon trade as major U.S. stock indexes stayed lower and Treasury yields eased. The move came alongside broader risk-off action tied to oil, Fed comments and tech-sector weakness.
Bitcoin fell to around $81,500 in afternoon trade as broader markets reacted to higher oil prices and hawkish Federal Reserve comments.
South Korea's KOSPI closed down 1.98% at 6,803.90, its lowest since Sept. 17, amid foreign selling and anxiety over bond yields. Samsung Electronics and SK Hynix both fell, with caution ahead of Samsung's earnings report weighing on sentiment.