Energy & Utilities Roundup: Market Talk
Updated Oct. 18, 2023 12:31 pm ETThe latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.1146 ET – European stocks drop as investors ponder the continuing shockwaves from Middle East unrest. The Stoxx Europe 600, FTSE 100, DAX and CAC 40 retreat about 1% and the Dow, S&P 500 and Nasdaq fall. Construction and property stocks are among the biggest losers and airlines and airports hit headwinds amid concerns about the impact of the Israel-Hamas conflict on air travel. “European markets are on the back foot as the Middle-East political temperature ratchets up further following the Gaza hospital bombing,” CMC Markets analyst Michael Hewson writes. “Reports of airport shutdowns in France due to terror threats, whi...