Benzinga - by Akanksha Bakshi, Benzinga Editor.
On Monday, September 25, the U.S. stock markets gained, breaking a four-day losing streak.
In the S&P 500, energy led with a 1.3% increase, followed by materials which rose by 0.8%. Consumer staples, however, declined by 0.4%.
Investors are now looking to economic data and insights from the Federal Reserve to gauge potential interest rate trends.
The Dow Jones Industrial Average increased slightly by 0.13%, closing at 34,006.88. The S&P 500 rose by 0.40%, ending at 4,337.44, while the Nasdaq Composite climbed 0.45% to finish at 13,271.32.
Asian Markets Today
- Japan’s Nikkei 225 concluded Tuesday’s session down by 1.06% at 32,359.00, with most sectors posting losses, notably in technology. Financial stocks, however, registered gains.
- Australia’s S&P/ASX 200 dropped 0.54%, closing at 7,038.20. Nine out of its 11 sectors saw losses, with technology and real estate leading the downward movement amid expectations of extended higher interest rates.
- China’s Shanghai Composite ended down 0.43% at 3,102.27, while the Shenzhen CSI 300 was down 0.58%, finishing at 3,692.89 due to concerns about the stability of China’s property market.
- Hong Kong’s Hang Seng Index declined 1.43% to 17,475.00.
- The European STOXX 600 index was down by 0.56%.
- Germany’s DAX fell 0.69%.
- France’s CAC 40 declined by 0.74%.
- U.K.’s FTSE 100 was 0.01% lower.
- European markets, including the FTSE 100, opened in the red as investors are awaiting the week’s economic data and earnings reports.
- Crude Oil WTI traded 0.87% lower at $88.90/bbl, and Brent was down 0.78% at $91.16/bbl.
- Natural Gas decreased by 1.69% to $2.857.
- In the metals, Gold declined 0.30% to $1,930.75, Silver dropped 0.41% to $23.288, and Copper fell 0.34% to $3.6575.
Dow futures were down 0.47%, S&P 500 futures decreased by 0.56%, and Nasdaq 100 futures dipped 0.64%.
Forex at 06:00 AM ET
The U.S. Dollar Index was down 0.04% at 105.96. The USD/JPY rose slightly by 0.02% to 148.91, and the USD/AUD went up 0.22% to 1.5602.
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