Global equity markets rose on Monday, while U.S. Treasury yields fell as investors were buoyed by a better-than-expected U.S. corporate earnings season that kicked off this week. Most of the S&P 500 companies are due to report results, including tech heavyweights Facebook, Apple Inc, Amazon, Microsoft and Alphabet, which have been driving the market’s rally this year. “The most important thing is that earnings came in better than expected. And the more interesting thing is that as we get closer to the end of the year, we’re going to see forward guidance that will make more sense to the market,” Thomas said.

Hayes, chairman of Great Capital in New York. The MSCI world equity index, which tracks stocks in 50 countries, rose 0.29%, while the pan-European STOXX index rose 0.07%. In choppy trading on Monday, U.S. Treasury yields were lower as uncertainty about when the Federal Reserve will raise interest rates to curb rising inflation weighed on market sentiment. The benchmark U.S. 10-year yield fell to 1.6352%.

Last week, the 10-year yield hit 1.705%, its highest since mid-May. The U.S. dollar rose from a one-month low on Monday, ahead of central bank meetings and economic data due later this week. Boosted by the prospect of tighter U.S. monetary policy, the dollar index was up nearly 0.2% at 93.8150. On Wall Street, all three major indexes traded higher, led by consumer discretionary, industrial and technology stocks.

The Dow Jones Industrial Average rose 0.2% to 35,748.74, the S&P 500 gained 0.48% to 4,566.86 and the Nasdaq Composite added 0.85% to 15,218.40. Oil prices rose on Monday to their highest in years, as tight global supplies and strong fuel demand in the United States and abroad supported prices. Brent crude futures rose 0.56% to $85.98 a barrel, while U.S. West Texas Intermediate (WTI) crude futures rose 0.17% to $84.11 a barrel in afternoon trade.


Gold prices rose about 1% on Monday, as a pullback in U.S. bond yields and lingering inflation concerns lifted the safe-haven asset ahead of key central bank meetings this week. Spot gold rose 0.8% to $1,805.90 an ounce. U.S. gold futures for December delivery settled up 0.6% at $1,806.80 an ounce. That's the news about "Equities Rise, U.S. Yields Fall as Earnings Begin" from GICTrade. Also follow other news and articles that provide information on commodities, the economy and Forex in the GIC Journal. Don't miss events from gictrade and get bonuses by following Friday blessings and 100% deposit bonuses.