Benzinga
Published Feb 28, 2024 13:26
Updated Feb 28, 2024 14:40
Asia And Europe Markets Dip, Crude Oil And Gold Trade In Red - Global Market Overview While The Us Slept
Benzinga - by Akanksha Bakshi, Benzinga Editor.
On Tuesday, February 27th, U.S. stock markets ended the day with mixed results as investors looked ahead to upcoming economic data for indications of potential Federal Reserve rate cuts against the backdrop of a fading earnings season.
Recent economic reports indicated a 6.1% fall in U.S. durable goods orders in January, following a 0.3% dip in December, alongside a 6.1% annual surge in the S&P CoreLogic Case-Shiller 20-city home price index for December.
Most S&P 500 sectors ended higher, notably utilities and communication services, while energy and healthcare stocks fell.
The Dow Jones Industrial Average declined 0.25%, closing at 38,972.41, the S&P 500 gained 0.17% to reach 5,078.18, while the Nasdaq Composite rose 0.37%, concluding the trading day at 16,035.30.
Asian Markets Today
Dow futures were down 0.29%, S&P 500 futures slid 0.38%, and Nasdaq 100 Futures declined 0.53%.
Forex at 08:15 AM ET
The U.S. Dollar Index gained 0.28% to 104.12, USD/JPY was up 0.12% to 150.68, and AUD/USD rose 0.73% to 1.5393.
Photo by Markus Spiske on Pexels
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