Asia Markets Mixed, Europe Advances; Dollar And Gold Gain - Global Markets Today While US Slept
On Monday, July 22nd, U.S. stock markets closed in green as investors returned to megacap growth stocks. The S&P 500 and Nasdaq Composite rebounded from their worst weekly performance since April, while the Dow Jones Industrial Average ended a two-session decline.
According to the economic data, the Chicago Fed National Activity Index fell to 0.05 in June from 0.23, while analysts expected -0.09.
Most S&P 500 sectors closed higher, led by communication services, information technology, and industrial stocks, while energy and consumer staples fell.
The Dow Jones Industrial Average was up 0.32% and closed at 40,415.44. The S&P 500 gained 1.08%, ending the day at 5,564.41, while the Nasdaq Composite rose 1.58%, finishing the session at 18,007.57.
Asian Markets Today
- On Tuesday, Japan’s Nikkei 225 closed higher by 0.12%, ending the session at 39,628.00, led by gains in the Railway & Bus, Transportation Equipment, and Fishery sectors.
- Australia’s S&P/ASX 200 rose 0.50%, ending the day at 7,971.10, led by gains in the IT, Healthcare, and Industrial sectors.
- India’s Nifty 50 fell 0.12% to 24,479.05, and Nifty 500 was down 0.34%, closing at 22,865.20.
- China’s Shanghai Composite was down 1.65%, ending the session at 2,915.37, and the Shenzhen CSI slid 2.14%, closing at 3,439.88.
- Hong Kong’s Hang Seng ended the session lower by 0.95% at 17,469.36.
Eurozone at 06:00 AM ET
- The European STOXX 50 index gained 0.78%.
- Germany’s DAX rose 0.95%.
- France’s CAC was up 0.23%.
- U.K.’s FTSE 100 traded higher by 0.07%.
Commodities at 06:00 AM ET
- Crude Oil WTI was trading higher by 0.14% at $78.51/bbl, and Brent was up 0.12% at $82.50 bbl.
- Oil prices steadied after two days of decline, investors remained cautious due to ample supply and weak demand, largely ignoring U.S. presidential race developments.
- Natural Gas gained 0.01% to $2.286.
- Gold was trading higher by 0.58% at $2,408.80, Silver slid 0.27% to $29.240, and Copper slid 0.76% to $4.1653.
US Futures at 06:00 AM ET
Dow futures were up 0.03%, S&P 500 futures declined 0.08%, and Nasdaq 100 Futures fell 0.21%.
Forex at 06:00 AM ET
The U.S. dollar index gained 0.05% to 104.37, the USD/JPY was down 0.63% to 156.01, and the USD/AUD gained 0.28% to 1.5096.
World markets steadied on Tuesday as investors shifted focus to corporate earnings and economic data after Biden exited the presidential race.
Photo by Pavel Bobrovskiy via Shutterstock