• Global Stocks

Market news

9 October 2017

Global Stocks

European stocks ended a tumultuous week on a downbeat note, driven lower by continued uncertainty over the political drama in Spain and a mixed reading on the U.S. labor market. Closing levels: The Stoxx Europe 600 index SXXP, -0.40% ended 0.4% lower at 389.47, trimming its weekly gain to 0.3%.

The S&P 500 and Dow Jones Industrial Average logged minor losses Friday, though the Nasdaq eked out a closing record and major indexes added to their string of weekly gains as investors mostly shrugged off a September jobs report that showed the first monthly drop in payrolls in seven years.

After global stock gains last week, the Asia Pacific region started Monday on an upbeat note, led by buying in China after a weeklong holiday there. In the first action following Golden Week, the Shanghai SHCOMP, +1.24% and Shenzhen 399106, +1.51% composite indexes, which have lagged behind the double-digit gains seen in much of the region this year, both rose more than 1%.

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