trending Market Intelligence /marketintelligence/en/news-insights/trending/QYqwe9tORb3v2VpQuwTXRQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Global stocks jump as 2018 draws to close; Brent crude oil rallies

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory


Global stocks jump as 2018 draws to close; Brent crude oil rallies

➤ Equities rise as markets cheer progress in Sino-US trade talks.

➤ Euro against dollar unchanged, while Italy's new 2019 budget eases European Commission concerns.

➤ Brent crude oil rallies 2%.

Global equity markets gained on the last trading of December after a previously tumultuous week of trading though questions over the U.S. government shutdown and other White House moves remain.

U.S. futures point to a higher Wall Street opening, with the S&P 500 index and tech-heavy Nasdaq due to rise.

Over the weekend, U.S. President Donald Trump hailed progress made in trade talks with China following a phone call with Chinese President Xi Jinping. China's foreign ministry said Xi hoped to strike an agreement soon that would benefit both parties.

However, the partial government shutdown continues in the U.S. with Trump having threatened to close the entire border with Mexico if Congress does not approve funding for the construction of a wall between the two countries.

Both the Euronext 100 and France's CAC 40 rose nearly 0.90% as of 5:05 a.m. ET and the U.K.'s FTSE 100 gained 0.23%. Trading in Europe closed early to mark the year. Germany's DAX, which rose 1.71% Dec. 28, was closed Dec. 31.

In Asia, Hong Kong's Hang Seng climbed 1.34%, in a half-day trading session. The Shanghai Composite Index, down 25% for the year, and Japan's Nikkei 225, down 12% in 2018, were closed Dec. 31. Japanese equity markets will reopen Jan. 4, 2019.

In bond markets, U.S. 10-year yields dropped nearly four basis points as of 5:26 a.m. ET.

In commodities, Brent crude oil rallied 2% as of 5:07 a.m. ET, while gold gained nearly 0.10%.

Among currencies, sterling jumped nearly 0.30% against the dollar at around 5:20 a.m. ET. The euro was little changed, as Italy's parliament passed a 2019 budget Dec. 29, cutting its 2019 headline deficit target to 2.04% of GDP from 2.4% and dodging a potential disciplinary procedure from the European Commission.

The Japanese yen was up 0.15% against the dollar.

More from S&P Global Market Intelligence:

Judge: Obama healthcare law remains in place during appeal

Financial IPOs face bleak near-term outlook

US appeals court overturns Obama-era joint employer standards

Eastern Europe TV Everywhere overview

US appeals court remands dispute over New England plant retirement rules to FERC

US EPA proposes to revoke legal basis for Obama-era rule targeting coal plant