The Wall Street stock market rallied as the global oil and gas prices continued to rise, raising concerns about rising inflation and economic growth.
The S&P 500 blue index dipped 0.1%, taking it to about 3% at the highest level reached in early September ahead of price pressures on energy barriers and gas shortages in Europe that disrupted the market.
The Nasdaq Composite Technical Transformation also shifted between low and losses, in which all major operating systems were strengthened by changes in the power sector as technology and stock market collapsed. The U.S. stock market has closed for the Columbus Day holiday.
In the electronics market on Monday, European contracts for November offer rose 3.3% to € 86.5 per megawatt hour, more than the amount sold in mid-August. Brent crude, a global oil producer, increased 1.6% to $ 83.73, a barrel, the highest circulation in three years.
Economists interviewed by Reuters expect that Wednesday’s report showed that U.S. consumer prices rose 5.3% in September since the same period last year, compared to the fourth consecutive month in which the global economic downturn has risen 5%.
Long-term economic growth has prompted the Federal Reserve, which has already indicated its willingness to pay $ 120bn a month to buy anti-epidemic buttons, to raise money to lend to the US from lower wages.
“This creates an environment conducive to financial irregularities,” said Greg Peters, former Co-Investment Chief of Investment PGIM.
“The price of oil and global warming and all the problems facing the rest of the world are unique that central banks have nothing to do,” he said.
Financial markets, he added, had economic prices that could be triggered by rising prices to eliminate growth such as central banks that can be “unchangeable”.
In Europe, the Stoxx 600 index fell 0.3% and the London FTSE 100 gained 0.4%, boosted by energy and mining.
Investors also helped get out of the UK gilts, sending the average rental rates to the government a sharp increase in two and a half years, as they raised their money in the UK the price is going up.
The UK’s 10-year domestic yield, which moves in its price range, rose to 0.06% of error 1.2% on Monday for the first time since May 2019. It then set to 0.03% 1.192 percent.
“The bond market is the most watched in the UK because it seems to be on the rise [interest] prices are fast, “said Anne Beaudu, global financial manager at Amundi.
Everyone is worried about any economic downturn, “he added, but the UK was” chosen “because of rising oil prices, a shortage of workers related to Brexit and Covid-19.
Advertisers will also review third-quarter reports this week from major U.S. banks and businesses facing consumers, seeking answers to rising electricity prices and epidemic barriers to corporate sales and consumer spending.
“The big questions this week are not just how much prices are going up and how much money companies can afford to buy from consumers,” said Aneeka Gupta, executive director at ETF WisdomTree.
“The danger is that profits will run out.”