Top of main content

Investment Daily: US stocks rose amid lower oil prices

10 November 2026

Key takeaways

  • US stocks and Treasury yields rose.
  • European stocks rose and bonds were mixed.
  • Asian stocks lacked clear direction.

Markets

US stocks rose on Monday amid a recovery in tech shares and lower oil prices. The S&P 500 rallied 2.3%.  

US Treasuries edged lower as the equity rebound reduced haven demand. 10-year yields rose 2bp to 4.88%.

European stocks rebounded on Monday as oil prices eased. The Euro Stoxx 50 closed 1.9% higher. The German DAX rose 1.7% and the French CAC gained 1.2%. In the UK, the FTSE 100 rose 1.0%.

European government bonds were mixed. 10-year German bund yields rose 1bp to 3.26%, while 10-year French bond yields fell 3bp to 4.73%. In the UK, 10-year gilt yields fell 2bp to 5.13%.

Asian stock markets traded mixed on Monday, as technology shares rebounded from a sharp selloff in some markets amid generally cautious investor sentiment. Japan’s Nikkei 225 rose 2.3%, while Korea’s Kospi fell 0.8%. Elsewhere, China’s Shanghai Composite gained 0.3%, and Hong Kong’s Hang Seng ended little changed (-0.1%). India’s Sensex edged up 0.1%.

Crude oil prices fell further on Monday. WTI for December delivery settled 4.4% lower at USD86.9 a barrel.

Key Data Releases and Events

Releases yesterday

In China, headline CPI rose 0.7% yoy in October after a 0.9% yoy increase in September, as lower food prices and soft core inflation offset higher energy price inflation.   

Releases due today (10 November 2026)

In the US, the headline NFIB Index of Small Business Optimism has moderated recently on renewed energy price strength but remains around its long-run average level. Headline CPI inflation likely rose to 3.9% yoy in October from 3.7% yoy in September, as core CPI inflation may have also edged higher.

In China, strong demand and higher prices for tech and high-end manufacturing products should underpin external trade.

Back to top  

Explore ways to invest

Capital at risk. Eligibility criteria and fees apply

Related Insights

The US midterm elections on 3 November could reshape the legislative, fiscal and...[28 Oct]
The 2026 midterms could change control of Congress and with it, the legislative, fiscal...[5 Oct]
Historically, US midterm elections often lead to some volatility, but markets have proven...[1 Oct]
The Federal Reserve unanimously raised the federal funds target range by 0.25% to 3.75%...[17 Sep]

Disclaimer

We’re not trying to sell you any products or services, we’re just sharing information. This information isn’t tailored for you. It’s important you consider a range of factors when making investment decisions, and if you need help, speak to a financial adviser.

As with all investments, historical data shouldn’t be taken as an indication of future performance. We can’t be held responsible for any financial decisions you make because of this information. Investing comes with risks, and there’s a chance you might not get back as much as you put in.

This document provides you with information about markets or economic events. We use publicly available information, which we believe is reliable but we haven’t verified the information so we can’t guarantee its accuracy.

This document belongs to HSBC. You shouldn’t copy, store or share any information in it unless you have written permission from us.

We’ll never share this document in a country where it’s illegal.

This document is prepared by, or on behalf of, HSBC UK Bank Plc, which is owned by HSBC Holdings plc. HSBC’s corporate address is 1 Centenary Square, Birmingham BI IHQ United Kingdom. HSBC UK is governed by the laws of England and Wales. We’re authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the PRA. Our firm reference number is 765112 and our company registration number is 9928412.