Stocks stable, oil rises as wary investors eye Middle East hostilities
Updates prices to early afternoon
Oil prices rise amid Middle East tensions
Dollar hits three-week high after strong U.S. employment report
U.S. Treasury yields rise as investors monitor Middle East conflict
By Sinéad Carew, Lawrence White
NEW YORK/ LONDON, Oct 2 (Reuters) -MSCI's global equities index was up very slightly onWednesday while the dollar rose and oil prices pared earlier gains, as investors anxiously watched to see how Israel would respond to Iran's missile attack the previous day.
O il prices were slightly higher after climbingmore than 3% earlier onWednesday as Israel and the United States vowed retribution over Iran's biggest ever direct attack on its regional adversary, firing more than 180 ballistic missiles.
Iran had saidearly on Wednesday its missile attack on Israel was finished barring further provocation.
The dollar hit a three-week high against the euro on Wednesday after the ADP national employment report showed U.S. private payrolls increased more than expected in September, ahead of Friday's highly anticipated jobs data.
Longer-dated U.S . Treasury yields were higher as the data pointed to a stable labor market while Middle East tensions were also on investors minds.
"Sentiment is dominated by the risk of escalating conflict in the Middle East and there is a lack of information on how strong the Israeli response is going to be. That's why the market is sort of not doing a lot," said Jay Hatfield, portfolio manager at InfraCap.
In energy markets, U.S. crude CLc1 rose 0.43% to $70.13 a barrel and Brent LCOc1 rose to $73.82 per barrel, up 0.34% on the day.
The lateststocks report showed the benchmark S&P 500 .SPX and the Nasdaq .IXIC had traded near two-week lows as investors monitored the Middle East and reacted to the private employment report. Also on their radar was aU.S. dock strike, that started Tuesday and affected half of U.S. ocean shipping.
At 12:16 p.m. Eastern time the Dow Jones Industrial Average .DJI rose 30.30 points, or 0.07%, to 42,187.27, the S&P 500 .SPX rose 7.35 points, or 0.13%, to 5,716.10 and the Nasdaq Composite .IXIC rose 61.46 points, or 0.34%, to 17,971.72.
MSCI's gauge of stocks across the globe .MIWD00000PUS rose 0.50 points, or 0.06%, to 846.37. The STOXX Europe 600 index .STOXX last traded at up 0.05% at 521.14.
In Treasuries, the yield on benchmark U.S. 10-year notes US10YT=RR rose 4.4 basis points to 3.787% from 3.743% late on Tuesday, while the 30-year bond US30YT=RR yield rose 5.5 basis points to 4.1362%.
The 2-year note US2YT=RR yield, which typically moves in step with interest rate expectations, rose 1.2 basis points to 3.6332%, from 3.621% late on Tuesday.
A closely watched part of the U.S. Treasury yield curve measuring the gap between yields on two- and 10-year Treasury notes US2US10=RR, seen as an indicator of economic expectations, was at a positive 15.2 basis points.
In currencies, the dollar index =USD, which measures the greenback against a basket of currencies including the yen and the euro, rose 0.29% to 101.55.
The euro EUR= was down 0.14% at $1.1051 while against the Japanese yen JPY=, the dollar strengthened 1.76% to 146.09.
In precious metals, spot gold XAU= fell 0.47% to $2,650.22 an ounce. U.S. gold futures GCc1 fell 1.02% to $2,640.00 an ounce.
World FX rates YTD http://tmsnrt.rs/2egbfVh
Asian stock markets https://tmsnrt.rs/2zpUAr4
Reporting by Sinéad Carew in New York, Johann M Cherian in Bengaluru, Lawrence White in London and Kevin Buckland in Tokyo; Editing by Jane Merriman, Angus MacSwan and Chris Reese
Activos relacionados
Últimas noticias
Descargo de responsabilidades: Cada una de las entidades de XM Group proporciona un servicio de solo ejecución y acceso a nuestra plataforma de trading online, permitiendo a una persona ver o usar el contenido disponible en o a través del sitio web, sin intención de cambiarlo ni ampliarlo. Dicho acceso y uso están sujetos en todo momento a: (i) Términos y Condiciones; (ii) Advertencias de riesgo; y (iii) Descargo completo de responsabilidades. Por lo tanto, dicho contenido se proporciona exclusivamente como información general. En particular, por favor tenga en cuenta que, los contenidos de nuestra plataforma de trading online no son ni solicitud ni una oferta para entrar a realizar transacciones en los mercados financieros. Operar en cualquier mercado financiero implica un nivel de riesgo significativo para su capital.
Todo el material publicado en nuestra plataforma de trading online tiene únicamente fines educativos/informativos y no contiene –y no debe considerarse que contenga– asesoramiento ni recomendaciones financieras, tributarias o de inversión, ni un registro de nuestros precios de trading, ni una oferta ni solicitud de transacción con instrumentos financieros ni promociones financieras no solicitadas.
Cualquier contenido de terceros, así como el contenido preparado por XM, como por ejemplo opiniones, noticias, investigaciones, análisis, precios, otras informaciones o enlaces a sitios de terceros que figuran en este sitio web se proporcionan “tal cual”, como comentarios generales del mercado y no constituyen un asesoramiento en materia de inversión. En la medida en que cualquier contenido se interprete como investigación de inversión, usted debe tener en cuenta y aceptar que dicho contenido no fue concebido ni elaborado de acuerdo con los requisitos legales diseñados para promover la independencia en materia de investigación de inversiones y, por tanto, se considera como una comunicación comercial en virtud de las leyes y regulaciones pertinentes. Por favor, asegúrese de haber leído y comprendido nuestro Aviso sobre investigación de inversión no independiente y advertencia de riesgo en relación con la información anterior, al que se puede acceder aquí.
