Benzinga - by Akanksha Bakshi, Benzinga Editor.
On Tuesday, October 10, U.S. stock markets closed higher, driven by declining yields across various maturities, including a drop in the 10-year yield to 4.652%.
The majority of the S&P 500 sectors ended positive, with utilities, materials, consumer discretionary, and consumer staples leading the gains. In contrast, energy stocks slightly declined.
The Dow Jones Industrial Average closed higher by 0.40% at 33,739.30, the S&P 500 followed suit with an increase of 0.52%, settling at 4,358.24, and the tech-heavy Nasdaq Composite rose 0.58% to conclude at 13,562.84.
Asia Markets Today
- Japan’s Nikkei 225 closed higher by 0.60% at 31,936.51 on Wednesday. Rubber product and precision instrument sectors led the gains, while the marine transportation and iron and steel sectors were the primary decliners.
- Australia’s S&P/ASX 200 climbed 0.68% to close at 7,088.40, continuing its rise for the fifth consecutive session, with gains in 10 of the 11 sectors, while the healthcare sector remained unchanged.
- China’s Shanghai Composite increased by 0.12% to end the session at 3,078.96, and the Shenzhen CSI 300 rose 0.75%, closing at 3,667.55.
- Hong Kong’s Hang Seng Index rose by 1.27% to close at 17,926.50.
- The European STOXX 600 index was up 0.13%.
- Germany’s DAX increased 0.10%.
- France’s CAC was down 0.53%.
- The U.K.’s FTSE 100 traded higher by 0.07%.
- Crude Oil WTI was trading lower by 0.58% at $85.47/bbl, and Brent was down 0.44% at $87.25/bbl.
- Natural Gas rose 1.36% to $3.428
- Gold was trading higher by 0.45% at $1,883.70, Silver rose 1.21% to $22.218, and Copper was down 0.17% to $3.6277.
Dow futures were up 0.16%, S&P 500 futures increased 0.21%, while Nasdaq 100 futures rose by 0.29%.
Forex at 06:00 AM ET
The U.S. Dollar Index was down 0.04% to 105.80. USD/JPY declined 0.01% to 148.69, and AUD/USD gained by 0.19% to 1.5579.
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