Today’s Market News |
Key developments to markets on Tuesday: |
|
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading higher
|
44,293.13 | +304.14 | 0.69%Positive |
|
trading higher
Nasdaq Composite Index
.IXIC |
19,298.76 | +11.99 | 0.06%Positive |
|
trading higher
S&P 500 Index
.SPX |
6,001.35 | +5.81 | 0.10%Positive |
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading higher
Nikkei Index
.N225 |
39,720.85 | +187.53 | 0.47%Positive |
|
unchanged
Hang Seng Index
.HSI |
20,426.93 | — | — |
|
trading higher
S&P BSE SENSEX Index
.BSESN |
79,496.15 | +9.83 | 0.01%Positive |
Trump’s victory and pro-crypto candidates voted to Congress pushed bitcoin to new all-time high above $82,370.
Fixed Income
U.S. bond markets were closed on Monday for Veterans Day. Markets focus on U.S. CPI on Wed
Equities
MSCI’s global (.MIWD00000PUS), opens new tab rose 0.1%. STOXX 600 (.STOXX), opens new tab added 1.15%.
TSLA jumped 10% after touching $1 trillion in market value on Friday.
China’s CSI300 closed up 0.6%, led by a 6.8% jump in semiconductor stocks after US ordered TSMC to halt shipments of advanced chips to Chinese customers, sending SMIC stock up 4.7% to a record high.
Nikkei closed up 0.08% as gains were capped by domestic firms’ weak outlook forecasts.
Forex
DXY not far from last week’s four-month peak.
EUR dropped to its lowest level in 6-1/2 months on Monday as investors worried about possible U.S. tariffs on euro economy.
Commodities
XAU fell 2.58% to $2,614 an ounce, dropping back from last month’s record high of $2,790.15.
Oil prices continued to fall on expectation that Trump’s pro-drilling rhetoric will increase world supplies.
U.S. crude fell 3.28% to $68.07, Brent fell to $71.69 per barrel, down 2.95% on the day.
For more news visit reuters.com
