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Sensex Jumps 635 Points On Global Cues; Nifty Tops 19,000
Indian shares ended sharply higher on Friday, reflecting some improvement in global risk appetite after data showed the U.S. economy grew at the fastest pace in nearly two years in the July to September quarter on the back of increased consumer spending.
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Swiss Franc Falls Against Majors
The Swiss franc weakened against other major currencies in the European session on Friday.
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European Shares Mixed As Earnings Pour In
European stocks were mixed on Friday as weak earnings from the likes of Sanofi, Remy Cointreau and NatWest offset robust U.S. economic data released overnight.
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FTSE 100 Gains As Oil Prices Climb
U.K. stocks rose slightly on Friday, with energy stocks leading the surge on concerns over a widening of the Israel-Hamas conflict.
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CAC 40 Slips Into Red On Weak Earnings
French stocks declined on Friday after the U.S. military attacked facilities in Syria linked to Iran, raising concerns that the Israel-Hamas war may spread.
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DAX Modestly Higher In Cautious Trade
German stocks were seeing modest gains on Friday as investors assessed the outlook for growth and earnings amid escalating tensions in the Middle East.
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Asian Shares Rebound As Middle East Concerns Ease
Asian stocks rebounded on Friday following recent string of losses on Middle East worries and uncertainty over the Federal Reserve's rate hike path.
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Australian Dollar Rises Amid Risk Appetite
The Australian dollar strengthened against other major currencies in the Asian session on Friday, as traders reacted positively to easing geopolitical tensions in the Middle East after Israel heeded to US' request to delay its Gaza invasion.
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NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Friday.
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Cosco Jump, Spin & Play Activity Centers Sold At Walmart Recalled
Dorel Juvenile Group Inc. is recalling about 115,700 units of Cosco Jump, Spin & Play Activity Centers for children, which were sold exclusively at retail major Walmart.
According to the U.S. Consumer Product Safety Commission, the activity centers' straps can detach or break while a child is in the activity center. This could cause fall and injury to the child.
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Friday.
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European Shares May See Cautious Start As US Strikes Targets In Syria
European stocks may see cautious gains at open on Friday after world leaders counselled Israeli Prime Minister Benjamin Netanyahu to delay a full-scale invasion of Gaza, fearing it could ignite hostilities on other Middle East fronts.
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European Economic News Preview: France Consumer Confidence Data Due
Consumer sentiment survey data from France and business confidence from Italy are the major economic data due on Friday. At 2.00 am ET, retail sales figures are due from Norway and Sweden. At 2.45 am ET, France's statistical office INSEE publishes consumer confidence survey results for October.
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