Overseas Trading: Climbing Crude Futures Push Global Stocks Higher

Oil stocks and miners are among the top gainers overseas, as both U.S. and Brent crude futures rack up early wins

by Elizabeth Harrow

Published on Dec 23, 2015 at 8:15 AM

Stocks in Asia settled mostly higher today, boosted by Wall Street's positive Tuesday finish and firming oil prices. However, Shanghai-listed stocks reversed early gains to end in the red. By the close, Hong Kong's Hang Seng gained nearly 1%, South Korea's Kospi added 0.3%, and China's Shanghai Composite shed 0.4%. Markets in Japan are closed for holiday.

European stocks are broadly higher at midday, led by strength in resource names. Miners are extending their gains to a second session, while a bounce in Brent crude futures is supporting the energy sector. At last check, London's FTSE 100 is up 2.2%, France's CAC 40 has added nearly 2%, and Germany's DAX is 1.9% higher.


Overseas markets 1223


A Schaeffer's exclusive!

The Expert's Guide

Access your FREE trading earning announcements before it's too late!


 
 

Partnercenter


NEW! Explore Schaeffer’s Partners' deals and get connected to top online brokerages with deals tailored exclusively for our readers.  Get answers to your questions regarding transfer fees, commission rates, programs and available discounts related to online trading services.

MORE | MARKETstories


The Nevada Discovery That Could Jeopardize Chinese Dominance
Click to continue to advertiser's site.
Stocks Surge During Holiday-Shortened Week
Stocks chugged higher as the government responded to the coronavirus crisis with more funding
Bank Stocks Ease Investors Back Into Earnings Season
Bank stocks will kick off earnings season next week
The Top Lithium Play of 2020
Click to continue to advertiser's site.