Global Markets Rise After Quiet Weekend - News Summed Up

Global Markets Rise After Quiet Weekend


Investors put their money back into global stock markets and the U.S. dollar, after a relatively quiet weekend on the Korean Peninsula drove risk appetite. Against expectations, North Korea didn’t conduct a weapons test on Saturday, when the country celebrated its founding day. Broadly speaking, financial stocks led gains in key regional markets, recovering from declines at the end of last week. The Shanghai Composite Index was up 0.1% in the morning session, while Shenzhen’s main board was 0.4% higher. Meanwhile, the WSJ Dollar Index was up 0.2% against a basket of currencies, after sinking to its lowest level in more than two years on Friday.


Source: Wall Street Journal September 11, 2017 02:37 UTC



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