One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion from a U.S. investigation into the Indian conglomerate.
Oil prices rose in early European trade and were on track for weekly gains of more than 5% as escalating tensions between Russia and Ukraine kept energy markets on edge.
The dollar rose to a 13-month high on safe-haven flows and cautious remarks from a Federal Reserve official about prospects for interest-rate cuts, ING said.
Market pricing of the ECBโs terminal rate might decline below current levels in the coming months, SEB said, which could enable short-term bond yields to edge lower but in contrast, the 10-year Bund yield is likely to remain rangebound between 2.20% and 2.40% in the coming few months.
Chinese shares ended lower with lackluster results from tech giants Baidu and PDD weighing on investor sentiment, along with persistent concerns about the domestic economy and the impact of potential U.S. tariffs.
The AI titan will maintain its strong lead, but complicated product rollouts, sky-high expectations and the China threat add complications to growth potential.
The first snowfall of the season over Chicago and other swaths of Middle America and forecasts for frigid weather in the coming weeks have added fuel to the natural-gas rally, pushing prices of the power-generation and heating fuel to a new highs for the year.
The Dow jumped, powered by gains at Salesforce, IBM and Goldman Sachs. The tech-heavy Nasdaq Composite edged up slightly, weighed down by losses at Google parent Alphabet.
U.S. crude oil inventories rose last week as an increase in imports offset a decline in production, while refineries ran at a lower rate than the week before.