Benzinga
Published Jan 08, 2024 11:19
Updated Jan 08, 2024 12:40
Asia And European Markets Fall, Crude Oil Drops Almost 3% - Global Markets Today While US Was Sleeping
Benzinga - by Akanksha Bakshi, Benzinga Editor.
On Friday, January 5th, the U.S. stock markets experienced a modest uptick at the close, yet this slight gain was insufficient to offset the S&P 500 and Nasdaq Composite's weakest weekly opening in several months for the start of 2024.
In economic data, December saw the U.S. economy add 216,000 jobs, outpacing November's 173,000 and forecasts of 170,000. The unemployment rate stayed at 3.7%, against expectations of 3.8%, while average hourly earnings increased by 0.4% to $34.27.
This week marks the start of the earnings season, with leading banks such as JPMorgan Chase and Citigroup set to report.
Most S&P 500 sectors ended positively, led by financials and utilities, while consumer staples and real estate diverged, closing lower.
The Dow Jones Industrial Average increased by 0.07%, closing at 37,466.11. The S&P 500 was up 0.18% to 4,697.24, and the Nasdaq Composite gained 0.09%, ending the trading session at 14,524.07.
Asian Markets Today
Eurozone at 06:00 AM ET
Commodities at 06:00 AM ET
US Futures at 06:00 AM ET
Dow futures were down 0.50%, S&P 500 futures slid 0.20%, while Nasdaq 100 Futures declined 0.19%.
Forex at 06:00 AM ET
The U.S. Dollar Index rose 0.04% to 102.45, USD/JPY was down 0.19% to 144.38, and AUD/USD rose 0.40% to 1.4943.
Photo by Markus Spiske on Pexels
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