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Asian markets flirt with milestones as monthlong rally continues

The monthlong global stock rally continued early Wednesday, with Asian stocks mostly higher and Japan’s Nikkei making a fresh run at its best close since 1996.

11:22 p.m. Oct. 10, 2017
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Chinese central-bank chief talks of reforms aimed at lifting yuan’s status

The Chinese currency’s rally followed the remarks of China’s chief central banker who argued for reform to its exchange-rate system, and a loosening of restrictions preventing the free flow of money in and out of the country

6:56 p.m. Oct. 10, 2017
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Investors face ‘extreme mental exhaustion’ in markets where nothing is ‘normal’

Feeling stressed out? Analysts at Macquarie feel for you, and they say it’s only natural.

5:53 p.m. Oct. 10, 2017
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Overseas demand set to drive third-quarter earnings

Third quarter earnings season is expected to highlight a divide between companies that earn most of their revenue overseas and those that are focused on markets in the U.S.

5:02 p.m. Oct. 10, 2017
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Dow logs 47th record finish for 2017 as stock market ends higher

All main U.S. stock indexes close higher on Tuesday, with the Dow finishing at its 47th record for 2017, as optimism appeared to grow ahead of the start of the earnings season.

4:43 p.m. Oct. 10, 2017
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Dollar loses ground as euro climbs on hope of ECB tapering

The dollar index continued to weaken on Tuesday, pressured by a resurgence of geopolitical tensions with North Korea, as well as advances by the British pound and the euro as traders regained confidence in the U.K. economy and eyed potential actions by the European Central Bank.

4:34 p.m. Oct. 10, 2017
Catalan president opts for Spanish dialogue call over outright independence declaration

What will Spain do now that Catalan President Carles Puigdemont has made a declaration of delayed independence?

4:25 p.m. Oct. 10, 2017
Dow industrials flirtation with 23,000 is a sign of the stock market’s velocity

A resurgence in the so-called Trump trade has investors once again contemplating a fresh milestone for the Dow Jones Industrial Average.

4:02 p.m. Oct. 10, 2017
Dow ends at record, lifted by Wal-Mart as stock market rises on consumer-staples shares

U.S. stocks finished slightly higher on Tuesday, but the Dow industrials recorded its 47th all-time peak of 2017, buoyed by gains in consumer-staples shares, highlighting optimism ahead of earnings season. The Dow Jones Industrial Average gained 0.3% to 22,830 points, making this its eighth gain in the past 10 sessions. The S&P 500 ended the day 0.2% higher at 2,551 points, while the Nasdaq Composite was up 0.1% at 6,586. In individual stocks, Walmart was an outperformer after the retailer said it would continue to focus on its domestic stores and e-commerce during its investor day.

4:02 p.m. Oct. 10, 2017
[DJIA] Dow Jones Industrial Average closes 0.3% higher
4:00 p.m. Oct. 10, 2017
[DJIA] S&P 500 ends up by 0.2%
4:00 p.m. Oct. 10, 2017
[DJIA] Nasdaq Composite Index closes 0.1% higher
4:00 p.m. Oct. 10, 2017
[DJIA] U.S. stocks close higher, Dow ends at record
4:00 p.m. Oct. 10, 2017
Oil prices settle at a more than 1-week high

Crude-oil futures end higher on Tuesday, as a pledge from Saudi Arabia to reduce monthly crude exports, talk of progress toward a balanced market from OPEC and a hurricane-induced slowdown in crude production send U.S. prices to their highest finish in over a week.

3:44 p.m. Oct. 10, 2017
3 things to know about Japan’s snap election

Japan is going to the poll on Oct 22 to vote in a snap election that Prime Minister Shinzo Abe put on the agenda last month. Though the result will likely give more power to the incumbent, there is a tail risk that could derail the yen.

3:01 p.m. Oct. 10, 2017

U.S. Markets

/quotes/zigman/12633936/realtime
6,587
+0.11%
+7.52
/quotes/zigman/2759624/delayed
1,508
+0.30%
+4.44
/quotes/zigman/7730417/delayed
1,290
-0.29%
-3.70
/quotes/zigman/2755237/delayed
23.45
-0.68%
-0.16

Europe

/quotes/zigman/3173262/delayed
7,538
+0.40%
+30.38
/quotes/zigman/2380246/delayed
12,949
-0.21%
-27.15
/quotes/zigman/3173213/delayed
5,364
-0.04%
-2.18

Asia

/quotes/zigman/5986735/delayed
20,879
+0.27%
+55.60
/quotes/zigman/2622475/delayed
28,507
+0.06%
+16.07
/quotes/zigman/1652099/delayed
5,841
+0.58%
+33.70
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