Benzinga - by Akanksha Bakshi, Benzinga Editor.
On Tuesday, December 12th, U.S. stock markets closed on a high post-inflation data, ahead of the Fed's policy decision.
In economic data, November's consumer price index increased by 0.1%, while the annual increase stood at 3.1%, slightly down from October's 3.2% rate.
S&P 500 sectors mostly ended higher, led by information technology and financials, while energy and utilities fell, diverging from the market trend.
The Dow Jones Industrial Average was up 0.48% to 36,577.94, the S&P 500 gained 0.46% to 4,643.70, and the Nasdaq Composite rose 0.70%, ending the session at 14,533.40.
Asian Markets Today
- Japan's Nikkei 225 closed Wednesday's trading session higher by 0.25% at 32,926.35, led by gains in the Precision Instruments, Electrical/Machinery, and Paper & Pulp sectors.
- In Australia, the S&P/ASX 200 was up 0.31%, ending at 7,257.80, led by gains in the Healthcare, A-REITs and Financials sectors.
- China's Shanghai Composite declined 1.15% to 2,968.76, and the Shenzhen CSI 300 was down 1.67%, closing at 3,369.60.
- Hong Kong's Hang Seng Index slid 0.94%, concluding the day at 16,247.00.
- Hong Kong's Hang Seng fell almost 1% due to losses in mainland stocks and concerns over China's deepening disinflation and potential economic slowdown, despite officials proposing more stimulus measures.
- The European STOXX 600 index was up 0.15%.
- Germany's DAX gained 0.02%.
- France's CAC rose 0.21%.
- The UK's FTSE 100 traded higher by 0.31%.
- Crude Oil WTI was trading higher by 0.41% at $69.13/bbl, and Brent was up by 0.19% at $73.38/bbl.
- Natural Gas gained 0.04% to $2.312.
- Gold was trading higher by 0.24% at $1998.05, Silver declined 0.14% to $22.983, and Copper slid 0.42% to $3.7717.
Dow futures were up 0.12%, S&P 500 futures rose 0.13%, while Nasdaq 100 Futures gained 0.24%.
Forex at 06:45 AM ET
The U.S. Dollar Index rose 0.11% to 103.98. USD/JPY gained 0.19% to 145.69, and AUD/USD was up 0.09% to 1.5257.
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