2024-03-14 01:53:29
Dow Jones Index, New York Stock Exchange closed slightly positive, while the S&P 500 and Nasdaq index closed in negative territory as investors took profits in stocks in chip manufacturing companies. Meanwhile, investors are keeping an eye on the release of the US PPI index for signs of inflation ahead of the Fed meeting. It will take place next week.
The Dow Jones Industrial Average closed at 39,043.32 points, up 37.83 points or +0.10%, the S&P 500 index closed at 5,165.31 points, down 9.96 points or -0.19%, and the Nasdaq index closed at 16,177.77 points, down 87.87 points or -0.54%.
European stock market Closed positive, reaching a new all-time high. This was supported by an increase in retail and utility stocks. After forecasting bright business trends
The STOXX 600 Index closed at 507.33 points, up 0.81 points or +0.16%, reaching an all-time high for the 5th day in the past 6 business days.
The CAC-40 index of the French stock market closed at 8,137.58 points, an increase of 50.10 points or +0.62%, the DAX index of the German stock market closed at 17,961.38 points, a decrease of 3.73 points or -0.02%, and the FTSE 100 index of the London stock market closed at 7,772.17 points, an increase of 24.36 points or +0.31%
London Stock Exchange Closed positive and hit record highs After the disclosure of information indicates that The British economy returns to expansion at the start of 2024.
The FTSE 100 London Stock Exchange Index closed at 7,772.17 points, up 24.36 points or +0.31%, reaching a new high in 9 months.
West Texas Crude Oil Contract (WTI) New York Market Closed up nearly 3% after the US revealed crude oil and gasoline stocks decreased last week. This indicates that demand for U.S. oil remains strong. Oil prices were also supported by expectations that market supplies would be affected by Ukraine’s attacks on Russian refineries.
The WTI crude oil contract is for delivery in April. Rose $2.16 or 2.8% to close at $79.72/barrel.
Brent crude oil contract (BRENT) for delivery in May. rose $2.11 or 2.6% to close at $84.03/barrel. This is the highest level since 6 Nov. 2023.
New York gold futures Closed positive, supported by the weakening of the dollar. and from investors buying gold as a safe asset amidst the tense geopolitical situation
The COMEX (Commodity Exchange) gold contract will be delivered in April. Increased $14.70 or 0.68% to close at $2,180.80/ounce.
Silver contracts for delivery in May Rose 76.20 cents, or 3.12%, to close at $25.156/ounce.
Platinum contract for delivery in April. Rose $16.70 or 1.80% to close at $944.90/ounce.
Palladium contract for delivery in June. Rose $20.40 or 1.94% to close at $1071.00/ounce.
US Dollar It weakened against major currencies in trading on the New York Forex Exchange on Wednesday (March 13) as investors postponed buying dollars. At the same time, keep an eye on the release of the Producer Price Index (PPI) of the United States to look for signs indicating the inflation trend before the Federal Reserve (Fed) meeting takes place next week.
The dollar index, which measures the dollar’s movement against six major currencies, fell 0.16% to 102.789.
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