US equity markets experienced a downturn on Tuesday, concluding a session of fluctuating investor sentiment. The Dow Jones Industrial Average closed at 44,633 points, reflecting a 0.5% decrease from the previous trading day.
Shortly prior to the close, the broader S&P 500 registered at approximately 6,371 points, down 0.3%, while the Nasdaq 100 stood at around 23,308 points, showing a 0.2% decline.
Negotiations between US and Chinese teams regarding future trade policies concluded on Tuesday in Sweden without a definitive outcome. Further discussions are planned, with the current tariff pause between the two nations set to remain in effect until August 12th. US Under Secretary of the Treasury for International Affairs, Scott Bessent, indicated the possibility of extending this pause by an additional 90 days.
The euro weakened against the US dollar, trading at $1.1551, equivalent to €0.8657 per dollar.
Gold prices saw a positive trend, with a fine ounce fetching $3,325, representing a 0.4% increase. This translates to a price of €92.56 per gram.
Crude oil prices demonstrated significant gains. Brent crude, a benchmark variety from the North Sea, reached $72.66 per barrel on Tuesday evening, a 3.7% increase compared to the closing price of the previous trading day.