Today’s Market News |
Key developments on Friday: |
|
Fixed income
U.S. Treasury yields fell, 2-year yields reached a 15-month low, 10-year notes fell 3.9 basis points to 3.729%, from 3.768% late on Wednesday, while 30-year bond yield fell 4.7 basis points to 4.0207%.
Equities
MSCI Asia ex-Japan & Nikkei 225 on course for steepest losses in six weeks. Shanghai stocks on Thursday plumbed a fresh seven-month low. Nikkei down 5% this week.
Forex
USD dipped below 143.00 yen on Thursday for the first time since Aug. 5. DXY fell 0.17% to 101.09.
Commodities
U.S. crude settled down 0.07% or 5 cents at $69.15 a barrel for its lowest close since December for the second straight day.
Brent crude closed at $72.69 per barrel, down 1 cent on the day for its lowest close since June 2023 for a third day in a row.
Gold prices gained as the U.S. dollar and Treasury yields fell as signs the labor market was losing steam led investors to consider a super-sized rate cut from the Fed.
XAU, Spot gold added 0.85% to $2,515.31 an ounce. U.S. gold futures gained 0.57% to $2,507.60 an ounce.
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading lower
|
40,755.75 | -219.22 | 0.54%Negative |
|
trading higher
Nasdaq Composite Index
.IXIC |
17,127.66 | +43.37 | 0.25%Positive |
|
trading lower
S&P 500 Index
.SPX |
5,503.41 | -16.66 | 0.30% |
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading higher
Nikkei Index
.N225 |
36,676.11 | +19.02 | 0.05%Positive |
|
unchanged
Hang Seng Index
.HSI |
17,444.30 | — | — |
|
trading lower
S&P BSE SENSEX Index
.BSESN |
82,201.16 | -151.48 | 0.18%Negative |
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