Advertisement
Singapore markets closed

  • Straits Times Index

    3,290.70
    +24.75 (+0.76%)
     

  • Nikkei

    38,229.11
    +155.13 (+0.41%)
     

  • Hang Seng

    18,963.68
    +425.87 (+2.30%)
     

  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     

  • Bitcoin USD

    60,810.97
    -2,063.61 (-3.28%)
     

  • CMC Crypto 200

    1,260.36
    -97.65 (-7.19%)
     

  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     

  • Dow

    39,512.84
    +125.08 (+0.32%)
     

  • Nasdaq

    16,340.87
    -5.40 (-0.03%)
     

  • Gold

    2,366.90
    +26.60 (+1.14%)
     

  • Crude Oil

    78.20
    -1.06 (-1.34%)
     

  • 10-Yr Bond

    4.5040
    +0.0550 (+1.24%)
     

  • FTSE Bursa Malaysia

    1,600.67
    -0.55 (-0.03%)
     

  • Jakarta Composite Index

    7,088.79
    -34.81 (-0.49%)
     

  • PSE Index

    6,511.93
    -30.53 (-0.47%)
     

Stocks End Higher as Rate Hike Worries Ease

Jeremy Glaser

U.S. Market
Stocks ended higher today as oil prices rose and investors continued to process Fed minutes from Thursday that showed the central bank in no hurry to raise rates. The S&P 500 posted its biggest weekly gain in 2015.

Import price fell by a seasonally adjusted 0.1% in September, a much smaller decline than the 1.6% fall seen in August. Prices are off 10.7% year-over-year, mainly due to lower energy prices.

At market close the Dow, S&P 500 and Nasdaq were up 0.2%, 0.1% and 0.4% respectively.

Stocks on the Move
Shares of Gap (GPS) fell over 5% today after the firm provided disappointing guidance and sales results late Thursday. The firm said September sales were down 1% due to Banana Republic weakness and a strong dollar. Management also said that gross margins would be below analyst expectations.