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Tuesday,12 October 2021 at 16:00
and European stocks closed mostly loweramid volatile sentiment in global markets.
investors eyeing elevated commodity prices and other signs of inflation heading
into corporate earnings season.
Oil rose towards $84 a
barrel, supported by a rebound in global demand that is
contributing to energy shortages in big economies such as China.
rising inflationary fears weighed on investors’ appetite for risk.
In corporate news, GlaxoSmithKlinerallied following a report that the pharmaceuticals giant’s
consumer unit was drawing interest from private equity firms in what could lead
to the biggest buyout of all time.
Diversified Energy tumbled
after it was reported that some of its ageing gas wells were leaking methane.
At the close
FTSE 100 7,130 (-0.23%)
FTSE 250 22,468 (-0.08%)
DAX 15,146 (-0.35%)
Dow Jones 34,525 +0.08%
S&P 500 4,362 +0.03%
NASDAQ 14,481 (-0.04%)
UK 10-YR YIELD 1.150
Gold $1,760 +0.40%
Brent $83.54 (-0.10%)
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.