Global Stocks Rebound as Oil Holds Above $100 After Volatile Trading
publishers 69articles 161first reported 23 Sep, 23:47 UTCdeveloping since 23 Sep · 40 editions
Global stocks rose on Friday after a volatile start in which surging oil prices had pressured U.S. equity futures. Brent crude remained above $100 a barrel but eased from earlier highs after U.S. President Donald Trump said the United States would not attack Iran before next month’s midterm elections.
Oil-price snapshots varied during the session. CNA reported Brent down more than 1% at just under $103 after a gain of more than 4% on Thursday, while The Irish Times later put it up about 0.2% at $104.48. Earlier headlines from Quartz and The Wall Street Journal said crude had climbed above $105 and Dow futures had fallen sharply.
U.S. stock indexes advanced broadly by Friday afternoon, according to The Irish Times, after ending mostly lower Thursday. European shares also gained: the STOXX 600 closed 1% higher, while London’s FTSE 100 rose 1%. Telecom shares were among Europe’s weakest performers after SpaceX acquired low-band spectrum licenses, with Deutsche Telekom falling 7.9% and Vodafone and Telefonica dropping more than 4.5%.
In India, the Sensex gained 292 points to 71,876.10 in early trading and the Nifty rose 84.60 points to 22,310.40. Tata Consultancy Services climbed more than 4% after reporting a 15% increase in net profit.
Bond yields and technology valuations remained in focus ahead of the start of third-quarter U.S. earnings season next week.
HOW THIS STORY WAS MADE
Written from 8 articles, 4 with the publisher's own text; 8 independent newsrooms once syndicated copies count as one; this version written 210 h after the record first saw the story; the editor kept it as written.
- Publishers
- 69
- Source articles
- 161
- Given to the writer
- 8, 4 with the article's own text
- Independent newsrooms
- 8
- This version written
- 210 h after the record first saw the story
- Second model (editor)
- kept as written
- Publication gate
- passed
- Human review
- none
WHAT THE EDITOR DID
The second model checked the writer's draft against the same sources and published it as written.
Written by a language model from the sources above, then checked by a second model that may only cut, attribute or correct. How it works →