Benzinga
Published Sep 29, 2023 11:37
Updated Sep 29, 2023 12:40
Asia And Eurozone Markets Higher, Gold Flirts With $1,900 Level - Global Markets Today While US Was Sleeping
Benzinga - by Akanksha Bakshi, Benzinga Editor.
On Thursday, September 28, the U.S. stock markets ended higher, driven by economic data and a pause in rising Treasury yields ahead of a crucial inflation report.
U.S. jobless claims edged up by 2,000 to 204,000, beating market expectations of 215,000. The second-quarter U.S. economic growth remained steady at an annualized rate of 2.1%, while the first-quarter expansion was revised to 2.2%.
Among the S&P 500 sectors, communication services climbed 1.2%, materials saw a 1% increase, and the rate-sensitive utilities sector continued to decline, falling by 2.2%.
The Dow Jones Industrial Average closed higher by 0.35% at 33,666.34. The S&P 500 saw an increase of 0.59%, settling at 4,299.70, while the Nasdaq Composite gained 0.83% to conclude at 13,201.28.
Asian Markets Today
Dow futures gained 0.42%, S&P 500 futures were up by 0.42%, and Nasdaq 100 futures increased by 0.61%.
Forex at 06:00 AM ET
The U.S. Dollar Index was down 0.49% to 105.70. USD/JPY fell 0.15% to 149.06, and AUD/USD decreased by 1.10% to 1.5388.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Read the original article on Benzinga
Written By: Benzinga
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.