In relation to the papers with the highest market share, Coca Cola remains stable and Apple falls 0.05%. Between the Cedears more operated, The falls of the mining companies Vale (-1.3%), Gazprom (-1.4%) and the steel producer US Steel (0.8%) stand out.
Since their recent peak in August, US Steel shares have lost about 26.7% on the New York Stock Exchange. Despite this, Investing analysts maintain that in the coming months it could return to positive territory with a 53% return.
On Wall Street, the main indices were recovering in a volatile session. Yields on two-year US bonds were trading at 18-month highs. The market remains cautious after data showing that the country’s inflation advanced faster than expected in September, fueling the expectation of an early monetary tightening of the Federal Reserve.
For its part, oil prices stopped their reboundas some investors wondered if inflation and other supply chain problems will affect economic growth and ultimately demand for energy. As for the price of gold, it rose about 2% and traded $ 1,793.15, a maximum in a month.
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
