– All key asset classes advanced. Commodities were the biggest winner on a sharp rebound in oil prices.
– Not a broad rally across factors. Mid and Small Caps declined. Energy and Utilities saw the largest gains.
– International equities rallied. Israel’s equity market declined 8.8% after the Hamas attack.
– Fixed income markets advanced, and yields fell. Gold prices also rebounded by more than 5%.
![World Wrap](https://www.cypresscapital.com/wp-content/uploads/Research/Reports/20231016-World-Wrap-pdf.jpg)