Overseas Trading: Airlines, Autos Push Global Stocks Higher

Most major global stock indexes gained Tuesday, with airlines, automakers, and energy stocks among the top advancers

Nov 17, 2015 at 8:28 AM
facebook twitter linkedin


Asian markets ended mostly higher today, following Wall Street's bullish lead. Airline stocks bounced back from Monday's Paris-related losses, with Korean Air catching an extra boost from its stronger-than-forecast quarterly earnings report. A cooler yen provided support for Tokyo's main bourse -- but, one day after outperforming its regional counterparts, the Shanghai Composite bucked the positive trend to end 0.04% lower. Meanwhile, Japan's Nikkei and Hong Kong's Hang Seng added about 1.2% each, and South Korea's Kospi tacked on 1.1%.

Europe is also on the upswing at midday, with Paris leading the charge. Energy stocks are among the top gainers -- led by the likes of Total, Royal Dutch Shell, and BG Group -- even as Brent crude prices ease. Elsewhere, automakers are on the rise following upbeat monthly sales data. At last check, France's CAC 40 is up 2.2%, the German DAX has gained 1.8%, and London's FTSE 100 is 1.7% higher.

Overseas markets 1117

 

Stop leaving money on the table with the same old broken options trading approach...

There is no options strategy that more perfectly capitalizes during earnings season better than this simple call and put buying strategy. Perfect for aggressive traders looking to recover their suffering portfolios so far in 2022. With the simplest possible options strategy, Schaeffer's team with 100+ years of options trading excellence, target 200% gains on every single trade. So many trades are being beaten down by the market, but don't be one of them! Don't waste another second... join us right now before the next trade is released! 

 
Schaeffer's Daily Bulletin Offer
 


 


 
Special Offers from Schaeffer's Trading Partners