Benzinga - On Friday, January 26th, U.S. stock markets closed mixed as the S&P 500’s five-session record streak ended, influenced by a decline in Intel’s (NASDAQ:INTC) stock following its disappointing revenue forecast.
Intel reported upbeat results for its fourth quarter but issued a weak forecast for the first quarter.
In economic data, December’s PCE inflation rate remained steady at 2.6%, with a monthly increase of 0.2%. U.S. pending home sales in December unexpectedly surged 8.3%, far exceeding the 1.5% estimate and contrasting with November’s revised 0.3% decrease.
The Dow Jones Industrial Average gained 0.16% and closed at 38,109.43, the S&P 500 declined 0.07% to 4,890.97, while the Nasdaq Composite was down 0.36%, ending the session at 15,455.36.
Asian Markets Today
- On Monday, Japan’s Nikkei 225 index closed the session higher by 0.84% at 36,026.94, with gains in the Marine Transport, Rubber, and Pharmaceutical Industry sectors.
- Australia, the S&P/ASX 200 was up 0.30% and closed at 7,578.40, led by gains in the Energy, A-REITs and Financials sectors.
- India’s Nifty 50 closed higher by 1.80% at 21,737.60, and the Nifty 500 gained 1.64% to 19,711.65.
- China’s Shanghai Composite slipped 0.92% to 2,883.36, while the Shenzhen CSI 300 was down 0.90%, closing at 3,303.96.
- Hong Kong’s Hang Seng Index gained 0.78%, concluding the day at 16,077.24.
Eurozone at 06:30 AM ET
- The European STOXX 600 index was up 0.01%.
- Germany’s DAX declined 0.41%.
- France’s CAC rose by 0.03%.
- The UK’s FTSE 100 traded higher by 0.22%.
Commodities at 06:30 AM ET
- Crude Oil WTI was trading higher by 0.09% at $78.08/bbl, and Brent was up 0.08% at $83.02/bbl.
- Natural Gas declined 2.16% to $2.128.
- Gold was trading higher by 0.52% at $2,046.55, Silver rose by 0.95% to $23.090, while Copper fell 0.03% to $3.3507.
US Futures at 06:30 AM ET
Dow futures were down 0.03%, S&P 500 futures rose 0.05%, while Nasdaq 100 Futures climbed 0.21%.
Forex at 06:30 AM ET
The U.S. Dollar Index rose 0.19% to 103.63, USD/JPY slid 0.24% to 147.81, and AUD/USD fell 0.49% to 1.5139.
Photo by Markus Spiske on Unsplash
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.