Stocks fall on tech sell-off and tumbling oil prices episode artwork

EPISODE · Oct 16, 2024 · 15 MIN

Stocks fall on tech sell-off and tumbling oil prices

from Moving Markets · host Julius Baer

Global equities fell after weak orders and a disappointing guidance from chipmaker ASML dragged down the entire tech sector, wiping USD 420 billion off the sector’s market capitalisation. Energy companies were hit by falling oil prices after the Washington Post reported that Israel has no plans to target Iran’s oil facilities. US banks continued to report solid earnings. Dario Messi, Head of Fixed Income Research, joins today’s episode to talk about what to expect from tomorrow’s ECB decision. And we have Mathieu Racheter, Head of Equity Strategy, on the show to give us more details on the recent earnings reports.00:00 Introduction by Lucija Caculovic (Investment Writing)00:34 Markets wrap-up by Jan Bopp (Investment Writing)05:47 Fixed income update: Dario Messi (Head of Fixed Income Research)10:23 Earnings season update: Mathieu Racheter (Head of Equity Strategy)14:06 Closing remarks by Lucija Caculovic (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.

Episode metadata supplied by the publisher feed · Published Oct 16, 2024

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