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Friday,08 October 2021 at 07:32
and European markets opened mutedafter a roller-coaster week for global stocks, with investor focus now
turning to a key U.S. jobs report.
closed higher as markets on Wall Street rallied.
Oil prices rose on
signs some industries have begun switching fuel from high priced gas to oil and
on doubts the U.S. government would release oil from its strategic reserves for
as investors stayed away from making big bets ahead of the U.S. non-farm
payrolls report that is considered key to the Federal Reserve’s stimulus taper
In corporate news, Royal
Mail said it had bought Canadian logistics company Mid-Nite Sun
Transportation for CAD$360m (£210.5m).
Mid-Nite Sun is one of the largest independent freight carriers in Western
Canada that operates as Rosenau Transport, Royal Mail said, adding the deal was
being done via its General Logistics Systems unit (GLS).
FTSE 100 7,090 +0.17%
FTSE 250 22,583 +0.10%
DAX 15,243 (-0.04%)
At the close
Dow Jones 34,754 +0.98%
S&P 500 4,399 +0.83%
NASDAQ 14,654 +1.05%
UK 10-YR YIELD 1.126
Gold $1,755 +0.11%
Brent $82.88 +0.56%
Important - No news or research item should be construed as a recommendation to trade. The inclusion of securities within this report does not necessarily imply their suitability for individual portfolios or situations in respect of which further advice should be sought. Information contained in this report has been compiled from sources believed to be reliable but is not warranted to be accurate or complete.