Asia Markets Mixed, Europe Up, While Crude Oil Rebounds - Global Markets Today While US Slept

On Monday, October 28th, U.S. markets closed higher, driven by anticipation for a wave of earnings reports from major tech companies and relief that energy supplies remained steady despite geopolitical tensions. Key stocks like Alphabet, Meta, and Apple gained ahead of their earnings, with investors focused on AI spending and 2024 capital expenditure plans.

Economic data showed that the Federal Reserve Bank of Dallas reported that Texas' manufacturing business activity index improved to -3 in October, up from -9 in September.

Most S&P 500 sectors closed higher, led by gains in financials, materials, and utilities, while tech and energy declined.

The Dow Jones Industrial Average rose 0.65% to close at 42,387.57, the S&P 500 gained 0.27% to 5,823.52, and the Nasdaq Composite was up 0.26% and ended the session at 18,567.19.

Asia Markets ...