U.S. stocks climb on lower oil, Fed outlook after Anthropic IPO filing
Reuters reported that on 27 October the S&P 500 and Nasdaq rose modestly as crude oil prices eased, with investors awaiting the Federal Reserve’s upcoming policy decision. Investor's Business Daily noted that the Dow Jones Industrial Average rose on as oil prices fell and AI-related shares gained after Anthropic announced plans for an IPO. Upstox reported that the S&P 500 and Nasdaq 100 each gained about 0.
4% and crude oil slipped, while the Federal Reserve was expected to keep rates steady. Reuters said Asian equities climbed sharply after the filing, boosting risk appetite ahead of tech earnings and central-bank meetings. City AM reported that the FTSE 100 fell as oil stayed above $115, while technology stocks rose on the news of Anthropic’s IPO filing.
