Stocks market demonstrates mixed behavior: Market News

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Stocks market demonstrates mixed behavior: Market News

September 10, 2018 - 11:54
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Stocks market demonstrates mixed behavior on Monday. European and American shares rose after Asian market fell. Stoxx Europe 600 index fluctuated at opening, but then increased due to rise in utility and banks.

Photo © Gerd Altmann, CC0 1.0

Stocks market demonstrates mixed behavior on Monday. European and American shares rose after Asian market fell.

Stoxx Europe 600 index fluctuated at opening, but then increased due to rise in utility and banks. Index gained 0,3%. S&P 500 grew by 0,3% as well. British FTSE 100 gained 0,2% and German DAX 0,1%.

Shares in China and Hong Kong fell after another escalation of trade conflict. Stocks in Japan and South Korea grew. As a result Asian Pacific Index MSCI lost 0,5%. Emerging Markets gauge declined by 0,7%.

Dollar and US Treasuries are stable. Euro gained 0,1% to $1,157. British pound grew by 0,2% to $1,2943.

WTI oil gained after biggest weekly decline in two weeks. It gained 1,1% and costs $68,48 per barrel. Gold price is $1194,83 per ounce.