Stocks stable, oil rises as wary investors eye Middle East hostilities
Updates prices to early afternoon
Oil prices rise amid Middle East tensions
Dollar hits three-week high after strong U.S. employment report
U.S. Treasury yields rise as investors monitor Middle East conflict
By Sinéad Carew, Lawrence White
NEW YORK/ LONDON, Oct 2 (Reuters) -MSCI's global equities index was up very slightly onWednesday while the dollar rose and oil prices pared earlier gains, as investors anxiously watched to see how Israel would respond to Iran's missile attack the previous day.
O il prices were slightly higher after climbingmore than 3% earlier onWednesday as Israel and the United States vowed retribution over Iran's biggest ever direct attack on its regional adversary, firing more than 180 ballistic missiles.
Iran had saidearly on Wednesday its missile attack on Israel was finished barring further provocation.
The dollar hit a three-week high against the euro on Wednesday after the ADP national employment report showed U.S. private payrolls increased more than expected in September, ahead of Friday's highly anticipated jobs data.
Longer-dated U.S . Treasury yields were higher as the data pointed to a stable labor market while Middle East tensions were also on investors minds.
"Sentiment is dominated by the risk of escalating conflict in the Middle East and there is a lack of information on how strong the Israeli response is going to be. That's why the market is sort of not doing a lot," said Jay Hatfield, portfolio manager at InfraCap.
In energy markets, U.S. crude CLc1 rose 0.43% to $70.13 a barrel and Brent LCOc1 rose to $73.82 per barrel, up 0.34% on the day.
The lateststocks report showed the benchmark S&P 500 .SPX and the Nasdaq .IXIC had traded near two-week lows as investors monitored the Middle East and reacted to the private employment report. Also on their radar was aU.S. dock strike, that started Tuesday and affected half of U.S. ocean shipping.
At 12:16 p.m. Eastern time the Dow Jones Industrial Average .DJI rose 30.30 points, or 0.07%, to 42,187.27, the S&P 500 .SPX rose 7.35 points, or 0.13%, to 5,716.10 and the Nasdaq Composite .IXIC rose 61.46 points, or 0.34%, to 17,971.72.
MSCI's gauge of stocks across the globe .MIWD00000PUS rose 0.50 points, or 0.06%, to 846.37. The STOXX Europe 600 index .STOXX last traded at up 0.05% at 521.14.
In Treasuries, the yield on benchmark U.S. 10-year notes US10YT=RR rose 4.4 basis points to 3.787% from 3.743% late on Tuesday, while the 30-year bond US30YT=RR yield rose 5.5 basis points to 4.1362%.
The 2-year note US2YT=RR yield, which typically moves in step with interest rate expectations, rose 1.2 basis points to 3.6332%, from 3.621% late on Tuesday.
A closely watched part of the U.S. Treasury yield curve measuring the gap between yields on two- and 10-year Treasury notes US2US10=RR, seen as an indicator of economic expectations, was at a positive 15.2 basis points.
In currencies, the dollar index =USD, which measures the greenback against a basket of currencies including the yen and the euro, rose 0.29% to 101.55.
The euro EUR= was down 0.14% at $1.1051 while against the Japanese yen JPY=, the dollar strengthened 1.76% to 146.09.
In precious metals, spot gold XAU= fell 0.47% to $2,650.22 an ounce. U.S. gold futures GCc1 fell 1.02% to $2,640.00 an ounce.
World FX rates YTD http://tmsnrt.rs/2egbfVh
Asian stock markets https://tmsnrt.rs/2zpUAr4
Reporting by Sinéad Carew in New York, Johann M Cherian in Bengaluru, Lawrence White in London and Kevin Buckland in Tokyo; Editing by Jane Merriman, Angus MacSwan and Chris Reese
Aset Terkait
Berita Terbaru
Pengungkapan: Entitas XM Group menyediakan layanan khusus eksekusi dan akses ke Fasilitas Trading Online kami, yang memungkinkan Anda untuk melihat dan/atau menggunakan konten yang tersedia pada atau melalui situs, yang tidak untuk mengubah atau memperluas, serta tidak mengubah atau memperluas hal tersebut. Akses dan penggunaan ini selalu sesuai dengan: (i) Syarat dan Ketentuan; (ii) Peringatan Risiko; dan (iii) Pengungkapan Penuh. Oleh karena itu, konten disediakan hanya sebagai informasi umum. Anda juga harus ketahui bahwa konten Fasilitas Trading Online kami bukan sebagai ajakan atau tawaran untuk untuk melakukan transaksi apa pun di pasar finansial. Trading di pasar finansial mana pun melibatkan tingkat risiko yang signifikan pada modal Anda.
Semua materi yang diterbitkan di Fasilitas Trading Online kami hanya untuk tujuan edukasi/informasi dan tidak boleh mengandung nasihat dan rekomendasi finansial, pajak investasi atau trading, catatan harga trading kami, penawaran, permintaan, transaksi dalam instrumen finansial apa pun atau promo finansial untuk Anda yang tidak diminta.
Konten pihak ketiga apa pun, serta konten yang disiapkan oleh XM, seperti opini, berita, riset, analisis, harga, informasi lain atau link ke situs pihak ketiga yang tersedia "sebagaimana adanya", sebagai komentar pasar umum dan bukan menjadi nasihat investasi. Sejauh konten apa pun ditafsirkan sebagai penelitian investasi, Anda harus memperhatikan dan menerima bahwa konten tersebut tidak dimaksudkan dan belum disiapkan sesuai dengan persyaratan hukum yang dirancang untuk mempromosikan kemandirian riset investasi dan dengan demikian akan dianggap sebagai komunikasi pemasaran di bawah hukum dan peraturan yang relevan. Mohon dipastikan bahwa Anda telah membaca dan memahami Notifikasi pada Riset Investasi Non-Independen dan Peringatan Risiko kami mengenai informasi di atas, yang dapat diakses disini.
