Global stocks fall amid French curfew and canceled Saudi event
- 1Oil at $111 per barrel, Korean AI firm Elice drops 30% on debut, French 10-year yield hits 4.94%
- 2France imposed curfews in major cities due to Paris riots and looting, while Saudi Arabia canceled an investment event following Houthi attacks
- 380% of S&P 500 companies reporting Q3 earnings beat expectations, down from 88% in Q2
So what's the key point?
Global stocks declined as oil prices rose and French government bond yields reached their highest levels since 2002. The newly listed Korean AI company Elice also fell 30% on its first day of trading.
Source Fortune · View original ↗
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