On Wednesday, August 9, the U.S. markets closed lower, ahead of the monthly update on inflation for July due Thursday.
Most sectors on the S&P 500 closed on a negative note, with information technology, consumer discretionary, and communication services stocks recording the biggest losses on Wednesday.
The Dow Jones Industrial Average closed lower by 0.54% at 35,123.36 on Wednesday; the S&P 500 fell 0.70%, closing at 4,467.71; and the Nasdaq Composite slid 1.17%, ending the session at 13,722.02.
Asian Markets Today
Japan’s Nikkei 225 ended Thursday’s session higher by 0.87% at 32,507.00, led by gains in the Manufacturing, Transport, and Railway & Bus sectors.
Australia’s S&P/ASX 200 rose 0.26%, ending the session at 7,357.40, led by gains in the Energy, Resources, and Consumer Discretionary sectors.
Shanghai Composite closed the session at 3,254.56, up 0.31%, and Shenzhen CSI 300 rose 0.21% to close at 3,975.72.
The Hang Seng index in Hong Kong rose 0.16%, closing at 19,240.00.
President Joe Biden issued an executive order directing the Treasury to restrict certain U.S. investments in China, including semiconductors, quantum computing, and artificial intelligence.
Eurozone at 04:45 AM ET
The Pan-European STOXX 600 index is up 0.61%. The DAX index in Germany traded 0.67% higher, and the CAC 40 in France rose 1.20%.
The U.K.’s FTSE 100 traded higher by 0.16%.
Markets are positive as Investors digest more corporate earnings ahead of the release of a key U.S. inflation reading.
Commodities at 04:45 AM ET
Crude Oil WTI was trading higher by 0.15% at $84.5/bbl, and Brent was up 0.17% to $87.70/bbl.
Natural Gas was trading lower by 0.20% at $2.953.
Gold was trading up 0.08% at $1,952.25, Silver rose by 0.52% to $22.852, and Copper was up 0.49% to $3.802.
U.S. Futures at 04:45 AM ET
Dow futures were up 0.52%, S&P 500 futures rose 0.55%, and Nasdaq 100 futures were up 0.65%.
Forex at 04:45 AM ET
The U.S. Dollar Index was down 0.31% to 102.17. USD/JPY was up 0.04% to 143.79, while USD/AUD was down 0.36% to 1.5262.
Photo via Wikimedia Commons
