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

Dec 23, 2015 at 8:15 AM
facebook twitter linkedin


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

 

Minimize Risk While Maximizing Profits

There is no options strategy like this one, which consistently minimizes risk while maintaining maximum profits. Perfect for traders looking for ways to control risk, reduce losses, and increase the likelihood of success when trading calls and puts. The Schaeffer’s team has over 41 years of options trading success targeting +100% gains on every trade. Rest assured your losses are effectively limited to your initial cost at the time of making your move! Don't waste another second... join us right now before the next trade is released! 

 

300x250 - Banner 3 - v1