Today's global stock markets: Wall Street declines due to increased bond rates, while European shares close flat

 Today's global stock markets: Wall Street declines due to increased bond rates, while European shares close flat

Global markets today: On Wednesday, mixed results caused European shares to end flat while Wall Street dipped due to rising bond rates.

In October, the MSCI all-world index fell 0.9%, on track for its third consecutive monthly decrease.

Wall Avenue

Due to a mixed batch of earnings reports and rising bond rates, US markets fell on Wednesday.

The S&P 500 sank 1.36 percent to 4,189, the Nasdaq Composite plummeted 2.29% to 12,838.65, and the Dow Jones Industrial Average dipped 0.27% to 33,051.

Late on Tuesday, the yield on the 10-year Treasury bond increased to 4.95% from 4.82%. 

Investors are anticipating the release of the US PCE price index data on Friday and the US GDP data for the third quarter on Thursday, which may offer some indications about the Federal Reserve's monetary policy.

The US Federal Reserve will meet to discuss policy the next week, from October 31 to November 1. 

Money Types

The US dollar increased from 149.93 to 150.03 Japanese yen. The euro dropped from $1.0589 to $1.0567.

Energy costs 

On Wednesday, the US benchmark for December delivery of crude oil increased by $1.65 to $85.39 a barrel. At $90.13 a barrel, Brent oil for December delivery increased by $2.06.

November delivery of natural gas will cost an additional 4 cents, or $3.01 per 1,000 cubic feet.

Europe On Wednesday, despite conflicting earnings reports, European equities concluded unchanged.

Miners led gains, up 0.9%, as the pan-European STOXX 600 index recovered from early losses to close flat.

Property values fell 1.9%.

The FTSE 100 in Britain increased 0.3% to 7,878.63. The DAX in Germany increased by 0.1% to 14,892.18. The CAC 40 of France increased 0.3% to 6,861.36.

Ahead of the European Central Bank's interest rate announcement on Thursday, investors are waiting.

Asia.

Following China's announcement of intentions to borrow an additional $137 billion to bolster the economy, Asian stock markets surged.

The Hang Seng Index for Hong Kong increased by 0.6% to 17,085.33. Shanghai Composite increased 0.4% to 2,974.11 in China. 

Nikkei 225 of Japan increased by 0.7% to 31,269.92.

The S&P/ASX 200 index for Australia dropped 2.6 points to 6,854.3. The benchmark S&P/NZX 50 index for New Zealand fell 0.7% to 10,844.04.

December delivery of bullion gold increased $8.80 to $1,994.90 per ounce. At $23.01 an ounce, silver for December delivery dropped 11 cents.