Benzinga - by Akanksha Bakshi, Benzinga Editor.
On Monday, June 17th, the U.S. stock markets finished strong, with the S&P 500 and Nasdaq achieving record highs. This was driven by a surge in technology stocks amid excitement over artificial intelligence. Apple and Microsoft bounced back from initial dips.
Economic indicators showed improvement as the NY Empire State Manufacturing Index increased to -6 in June from -15.6 in May, surpassing market expectations of -12.50.
The S&P 500’s sectors mostly finished higher, with industrials, information technology, and consumer discretionary stocks leading the gains, while utilities and real estate sectors lagged behind.
The Dow Jones Industrial Average was up 0.49% and closed at 38,778.10. The S&P 500 rose 0.77%, ending the day at 5,473.23, while the Nasdaq Composite gained 0.94%, finishing the session at 17,855.06.
Asia Markets Today
- On Tuesday, Japan’s Nikkei 225 gained 0.93%, ending the session at 38,427.50, led by gains in the Pharmaceutical Industry, Steel, and Fishery sectors.
- Australia’s S&P/ASX 200 rose 1.01%, ending the day at 7,778.10, led by gains in the Utilities, Financials, and Industrials sectors.
- India’s Nifty 50 closed higher by 0.39% at 23,557.90, and Nifty 500 gained 0.52% at 22,329.60.
- China’s Shanghai Composite was up 0.48%, ending the session at 3,030.25, and the Shenzhen CSI rose 0.27%, closing at 3,545.59.
- Hong Kong’s Hang Seng ended the session lower by 0.11% at 17,915.55.
- The European STOXX 50 index gained 0.56%.
- Germany’s DAX rose 0.34%.
- France’s CAC was up 0.47%.
- U.K.’s FTSE 100 traded higher by 0.38%.
- Crude Oil WTI was trading lower by 0.20% at $79.56/bbl, and Brent was down 0.20% at $84.08 bbl.
- Natural Gas gained 0.29% to $2.796.
- Gold was trading lower by 0.15% at $2,325.35, Silver fell 0.53% to $29.235, and Copper was down 1.16% to $4.43970.
Dow futures were down 0.06%, S&P 500 futures fell 0.02%, and Nasdaq 100 Futures gained 0.14%.
Forex at 06:15 AM ET
The U.S. Dollar Index gained 0.16% to 105.49, USD/JPY was up 0.25% at 158.10, and USD/AUD fell 0.15% to 1.5102.
Photo by Pavel Bobrovskiy via Shutterstock
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.