Benzinga
Published Jan 25, 2024 12:19
Updated Jan 25, 2024 13:40
Asia Markets Mostly Higher As China Shines, Europe Dips, Crude Oil Touches $76 - Global Markets Today While US Was Sleeping
Benzinga - by Akanksha Bakshi, Benzinga Editor.
On Wednesday, January 24th, U.S. stock markets closed mixed, with the S&P 500 reaching its fourth consecutive record-breaking close.
Netflix (NFLX) surged 10.7% to reach a two-year high, driven by significant subscriber growth and heightened investor confidence stemming from its effective strategy against password-sharing and an impressive array of content, contributing to an uptick in the S&P 500 index.
Economic data showed a rise in the S&P Global U.S. services PMI to a seven-month high of 52.9 and a jump in manufacturing PMI to 50.3 in January, while the composite PMI rose to 52.3 from 50.9 in the previous month.
The Dow Jones Industrial Average declined 0.26%, closing at 37,806.39, the S&P 500 rose 0.08% to 4,868.55, while the Nasdaq Composite was up 0.36%, ending the session at 15,481.92.
Asian Markets Today
Dow futures were up 0.23%, S&P 500 futures increased 0.04%, while Nasdaq 100 Futures slid 0.05%.
Forex at 06:00 AM ET
The U.S. Dollar Index declined 0.03% to 103.20, USD/JPY gained 0.08% to 147.62, and AUD/USD fell 0.18% to 1.5176.
Photo by Markus Spiske on Unsplash
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