Other news

According to a report provided by Bloomberg News, Apple Inc. is planning to start purchasing chips used in its gadgets from a plant, which is now being constructed in the Arizona territory of the U.S.

Oil prices rose on Tuesday to a higher level after reports that oil supplies to Hungary via the Druzhba pipeline were temporarily halted due to a drop in pressure.

Gold prices continued to increase on Wednesday due to heightened worries of possible escalation of tensions in the East of Europe.

According to investors’ expectations, an oil price cap for the U.S. and EU will reduce Russian crude exports to the level allowing to compensate a negative influence of an economic slowdown on the energy source’s consumption.

September in Japan was marked by a sharp decline in machinery orders. This is a sign that Japanese industry is dependent on the global economy. With the global economy slowing and imports becoming more expensive, companies' capital spending plans are likely to change.

Shares of Walmart rose in price by 6.5%, which is the biggest daily growth from March 17, 2020. Such a growth to the highest level occurred only six months after the company's sales and profits exceeded analysts' forecasts.

China's National Development and Reform Commission (NDRC) approved eight investment projects aimed at the country's capital stock in October. Their cost is expected to be 9 billion yuan ($1.27 billion), committee spokesman Meng Wei said in a press release on Wednesday.

As more Federal Reserve officials point to a slowdown in interest rates and traders suggest that peak rates might be close, the US dollar is beginning to weaken.

According to the Morgan Stanley forecast, the dollar reaching its peak will lead to a decline in the currency in 2023, along with Treasury yields on expectations of slowing inflation.

Cryptocurrencies were seen rising on Tuesday as investors then awaited more details regarding the industry's recovery fund from Binance Holdings Ltd CEO Changpeng "CZ" Zhao.