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Global markets mixed after Wall St bounce on strong profits

October 19, 2022

Via: ABC News

Global stock markets were mixed Wednesday after Wall Street rose on strong corporate profit reports.

Paris, Frankfurt and Tokyo advanced, while London, Hong Kong and Shanghai declined. The yen stayed near a two-decade low near 149 to the dollar. Oil prices rebounded.

The future for Wall Street’s S&P 500 index rose 0.3% after the market benchmark gained 1.1% on Tuesday following strong results from investment bank Goldman Sachs, military contractor Lockheed Martin and others. The future for the Dow industrials gained 0.2%.

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