Strong US earnings lift stocks as oil prices retreat

By Elida Redner 1 Min Read


Updated 18 hours ago ·
Published on 25 Oct 2023 7:40AM ·





Oil prices drop around 2% on Wednesday as markets keep an eye on the Middle Eastern crisis, with Israel still not having followed through on a threatened ground invasion of Gaza. – EPA pic, October 25, 2023.

OIL slid but most world stock markets rose yesterday on a string of largely solid US corporate earnings, even as economic and geopolitical fears dog sentiment.

Volatile US Treasury yields had affected stock trading Monday in the United States – uncertainty that transferred to the Asian trading day.


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