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Asia and Europe Trade Mixed, Crude Oil Up – Global Markets Today While US Was Sleeping

On Wednesday, August 30, the U.S. markets closed in green. The new economic data suggests a slowdown in the U.S. economy. The Economic data indicated that the U.S. economy grew at an annualized rate of 2.1% in Q2 2023, lower than the initial 2.4% estimate and the 2.0% growth in Q1. 

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How To Buy And Sell Distressed Assets: Find Out At The Most Important Conference For Cannabis Investors

The upcoming Benzinga Cannabis Capital Conference in Chicago on Sept. 27-28 will shed light on a transformative trend: distressed assets in the form of companies shifting from a vertical integration model to an asset-light approach.

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Asia Closes Higher, Europe Trading Lower Following US Futures – Global Markets Today While US Was Sleeping

On Tuesday, August 29, U.S. markets closed higher; the S&P 500 saw its best day since June 2, and the Nasdaq had its strongest session since July 28, both ending over two-week highs. The notable increases followed the release of the Labor Department's JOLTS report for July, indicating a decrease in job openings to 8.827 million.

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Asia Closes In Green, Europe Trades Higher and Crude Ticks Up – Global Markets Today While US Was Sleeping

On Monday, August 28, the U.S. markets closed higher, with most sectors on the S&P 500 closing on a positive note. The manufacturing general business activity index for Texas, as reported by the Federal Reserve Bank of Dallas, increased to -17.2 in August, surpassing the anticipated value of -21.6.

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Asia Up, Europe Up, Commodities Up – Global Markets Today While US Was Sleeping

On Friday, August 25, the U.S. markets closed higher after Federal Reserve Chair Jerome Powell's Jackson Hole Symposium speech, where he indicated a willingness to raise interest rates when necessary. All key S&P 500 sectors increased, with consumer discretionary, technology, and energy as top gainers.

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Asia Closes In Green, Europe Follows – Global Markets While US Was Sleeping

On Wednesday, August 23, the U.S. markets closed higher, driven by gains in the technology, financial, and industrial sectors.  The technology-focused Nasdaq Composite index recorded positive growth for three consecutive trading sessions. Most of the segments within the S&P 500 ended the day with gains.

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What Did Global Markets Do Today While US Was Sleeping?

On Tuesday, August 22, U.S. markets closed mostly lower; the stocks of various banks declined following S&P Global's decision to lower credit ratings for several U.S. banks. Most sectors within the S&P 500 ended the Tuesday session with declines, with the energy and financial sectors experiencing the most significant drops. Real estate and utility stocks saw gains.

EEMA