Crude Oil Down 3%; Chicago Fed National Activity Index Falls In October
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 25 2024
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Source: Benzinga
U.S. Stock Market Performance: U.S. stocks mostly rose, with the Dow Jones gaining over 250 points, while real estate shares increased by 1.5%. However, energy shares fell by 0.7%, and notable declines were seen in Cassava Sciences and Oncternal Therapeutics.
Global Market Trends: European markets showed gains, with the eurozone's STOXX 600 up 0.16%, while Asian markets closed mixed. The Chicago Fed National Activity Index fell to -0.40 in October, indicating economic slowdown.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
