Global Markets Experience Mixed Performance as Investors Await Earnings Reports
The US stock markets closed the day with losses, with the Dow Jones Industrial Average calculating at 42,098 points, a 0.6 percent decline from the previous trading day. The S&P 500, a broader index, was down 0.5 percent, while the technology-heavy Nasdaq 100 also fell by the same margin.
Market participants may have been influenced by the upcoming quarterly earnings reports, particularly from Nvidia, which are expected to be released after the market close. The company’s shares experienced a rollercoaster ride throughout the day, fluctuating between positive and negative territory.
In the foreign exchange market, the euro was weaker against the US dollar, with one euro equivalent to 1.1290 US dollars and one US dollar worth 0.8857 euros.
Gold prices saw a slight decline, with a troy ounce selling for 3,296 US dollars, a 0.2 percent decrease, which translates to 93.85 euros per gram.
In the energy market, the price of Brent crude oil rose, with one barrel of the North Sea variety costing 64.60 US dollars at the evening close, a 0.8 percent increase from the previous day’s close.