Dow Dips Over 200 Points; US Industrial Production Increases More than Expected

U.S. stocks traded lower this morning, with the Dow Jones index falling around 200 points on Tuesday.

Following the market opening Tuesday, the Dow traded down 0.56% to 41,608.14 while the NASDAQ dipped 1.49% to 17,542.81. The S&P 500 also fell, dropping, 0.92% to 5,622.68.

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Leading and Lagging Sectors

Energy shares jumped by 0.5% on Tuesday.

In trading on Tuesday, consumer discretionary shares fell by 2%.

Top Headline

U.S. industrial production increased by 0.7% in February, surpassing market estimates of 0.2%.

Equities Trading UP
                       

Equities Trading DOWN

Commodities

In commodity news, oil traded up 0.5% to $67.94 while gold traded up 1.2% at $3,041.60.

Silver traded up 1.6% to $34.840 on Tuesday, while copper rose 0.7% to $4.9920.

Euro zone

European shares were higher today. The eurozone's STOXX 600 gained 0.46%, Germany's DAX 40 jumped 0.63% and France's CAC 40 gained 0.43%. Spain's IBEX 35 Index rose 1.10%, while London's FTSE 100 rose 0.32%.

Asia Pacific Markets

Asian markets closed higher on Tuesday, with Japan's Nikkei gaining 1.20%, China's Shanghai Composite Index gaining 0.11%, Hong Kong's Hang Seng Index surging 2.46% and India's BSE Sensex gaining 1.53%.

Economics

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