Company / Analytics

Analytics, 23 October 2021

Week 42 in Brief

  • US stocks closed higher on Friday, booking weekly gains driven by strong positive third-quarter earnings, despite technology stocks coming under pressure.
  • European stocks rose on Friday on a surge in technology stocks, strong earnings from France’s L’Oréal, and a broad boost to sentiment provided by a surprise interest payment from debt-ridden China Evergrande Group.
  • In commodities, oil closed higher while gold futures rose.
  • In currencies, the dollar slipped against a basket of currencies.

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