That pushed the tech-rich Nasdaq up 0.3 percent, while shares in Broadcom and Qualcomm jumped more than one percent. Crude prices hit a two-year high amid sweeping crackdown in oil-rich Saudi Arabia, which included the arrest of billionaire investor Prince Al-Waleed bin Talal. A barrel of benchmark West Texas Intermediate crude for December delivery soared $1.71 to finish at $57.35. Meanwhile, in London the FTSE 100 edged higher to reach a new record close. "Stock markets have been strong in Europe lately and it appears the bulls are taking a breather today."

Source: The Nation Bangkok November 06, 2017 22:18 UTC