Thu, 29 Oct 2020

European Markets, US Futures On the Rise

Voice of America
01 Oct 2020, 23:05 GMT+10

European markets are rising Thursday on the heels of a chaotic day on Japan's benchmark Nikkei index hours earlier.

At midday, London's benchmark FTSE index is up 0.9%, the CAC-40 index is 0.8% higher and the DAX index has gained 0.1%.

Trading was halted early Thursday on the Nikkei, the world's third-largest stock market, due to a glitch in its electronic trading system. The Japan Exchange Group, which operates the Nikkei, said the malfunction was due to a hardware failure in the system's backup device. The company says it hopes to have the problem fixed and the Nikkei back up and running again Friday.

Asian Markets Higher Amid Trading Chaos in Japan Benchmark Nikkei index shut down Thursday due to mechanical failure; indices in South Korea and China closed for national holidays

Elsewhere in Asia, the S&P/ASX index in Sydney closed up 0.9%, and Taipei's TSEC index was 0.3% higher. Mumbai's Sensex is up 1.6% in late afternoon trading.

The indices in Seoul, Hong Kong and Shanghai were closed due to national holidays in South Korea and mainland China.

In commodities trading, gold is selling at $1,902.30 per ounce, up 0.3%. U.S. crude oil is selling at $39.85 an barrel, down 0.9%, and Brent crude oil is selling at $40.91 per barrel, down 0.1%.

All three major U.S. indices are trending positively in futures trading before the opening bell sounds on Wall Street.

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