Benzinga
Published Jan 09, 2024 11:22
Updated Jan 09, 2024 12:40
Asia Markets Up, Europe Falls, While Crude Oil And Gold Gain - Global Markets Today While US Was Sleeping
Benzinga - by Akanksha Bakshi, Benzinga Editor.
On Monday, January 8th, the U.S. stock markets closed higher, with Nasdaq Composite gaining +2%, spurred by falling Treasury yields boosting large-cap stocks.
Boeing (NYSE: BA) shares dipped 8%, curbing the Dow Jones' rise, after the FAA ordered a temporary grounding of some 737 MAX 9 jets following a midair incident with an Alaska Air Group (NYSE: ALK) jet.
Related: Boeing 737 Max 9 Crisis Deepens: United Airlines Discovers Loose Bolts
The energy sector was the only loser among S&P 500 sectors due to a 4% drop in crude prices following Saudi Arabia's major price cuts and increased OPEC output.
The Dow Jones Industrial Average increased 0.58%, closing at 37,683.01. The S&P 500 was up 1.41% to 4,763.54, and the Nasdaq Composite gained 2.20%, ending the trading session at 14,843.77.
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 0.32%, S&P 500 futures slid 0.32%, while Nasdaq 100 Futures declined 0.44%.
Forex at 06:00 AM ET
The U.S. Dollar Index rose 0.20% to 102.41, USD/JPY was down 0.07% to 144.12, and AUD/USD climbed 0.36% to 1.4935.
Photo via Wikimedia Commons
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