Gold prices rebounded after experiencing their largest one-day drop since July. Traders are closely monitoring the upcoming US jobs data while also considering potential market disruptions as the presidential election approaches.
Wall Street traders were looking for a clear direction on stocks after Thursday's selloff, but late trading offered no clarity. Earnings reports from two major tech companies came in mixed, leaving investors uncertain about the market's next move. As a result, stocks struggled to find a steady path forward.
European stocks were mostly flat on Friday as disappointing earnings from major companies like Remy Cointreau and Mercedes-Benz dampened investor sentiment. With several risk events looming, investors remain cautious.
Oil prices steadied today after a two-day decline, as traders remained focused on geopolitical tensions in the Middle East and the overall supply outlook. Concerns over potential disruptions in oil supply are keeping market participants on alert.
