Global Shares Rise as Bond Selloff Eases Before US Jobs
- On Friday, European STOXX 600 advanced, putting the benchmark on course for its first weekly gain in three weeks as government debt sell-off eased and oil prices retreated from recent highs.
- Reports that Iran submitted a proposal to the United States aiming to end their war and reopen the Strait of Hormuz within seven days eased oil price pressures across markets.
- Technology stocks climbed 1.7% amid renewed AI interest, while Germany's benchmark DAX rose 0.6% and Finland's Konecranes surged 5.1% after launching a buyback programme.
- The European Central Bank raised interest rates earlier this month to combat inflation, even as Global PMI survey data showed business activity across Europe accelerating at its fastest pace in more than three years.
- Investors are monitoring a meeting later this week between President Donald Trump and Chinese counterpart Jinping for clues on trade relations and the global economic outlook.
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99 Articles
Global shares rise as bond selloff eases before US jobs
LONDON, Oct 2 : Global shares rose on Friday as wild volatility in bond and currency markets eased ahead of key US jobs data that could shape expectations for the Federal Reserve's next policy move. In Europe, longer-dated sovereign bond prices rose on the day, although those in more indebted countries, lik
Markets Start the Month With Tiny Gains
More swings in the leap market rattled stock markets around the world on Thursday, through the movers were relatively modest on Wall Street after US bonded years cranked higher but then gave back the gains later in the day. The S&P 500 rose 14.91 points, or 0.2%, to...
In Europe, bankers are under pressure, few to save themselves. Government bond yields rise to 4.69%
Oil prices are rising, and US bond yields have also reached the highest level since 2002. However, investors are still confident that interest rate steps will be less likely this year.
The Washington Post
How major US stock indexes fared Thursday 10/1/2026
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