Oil rises, silver falls and Brazil braces for presidential runoff
US futures are trading more steadily after heavy selling in the tech sector, with semiconductors attempting to recover part of their recent losses, in a context shaped by rising oil prices and uncertainty over the sustainability of high AI spending. Brent keeps its upward trend amid geopolitical escalation in the Middle East, while silver deepens its losses and trades near 54. The Brazilian stock market faces Sunday's presidential runoff between Flávio Bolsonaro and Luiz Inácio Lula da Silva.
In 40 seconds
- Brent remains higher on Middle East tensions, with resistance between 115 and 119 and support near 105
- Silver deepens its correction and trades near 54 after losing the 55 support
- The Brazilian stock market heads into the October 25 runoff between Flávio Bolsonaro and Lula, with polls at 51% to 49%
IASummary generated by artificial intelligence from a story by XTB.com. It may contain errors: the original source prevails.




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