Asia Closes Lower, Europe Down Ahead Of US Inflation Data - Global Markets Today While US Was Sleeping

On Tuesday, September 12, the U.S. markets ended in red as investors prepared for the release of significant U.S. inflation figures.

S&P 500 ended lower, with the information technology and communication services sectors experiencing the most significant declines.

The Nasdaq Composite declined due to a sharp drop in Oracle's ORCL stock following disappointing results, which also put pressure on the overall tech sector.

The Dow Jones Industrial Average finished the day with a marginal 0.05% dip, ending at 34,645.99. The S&P 500 experienced a 0.57% decrease, closing at 4,461.90. Meanwhile, the Nasdaq Composite recorded a 1.04% decline, ending its session at 13,773.62.

Asian Markets Today 

  • Japan's Nikkei 225 concluded Wednesday's session with a decline of 0.23%, closing at 32,715.00, led by losses in the Shipbuilding, Precision Instruments, and Gas and water sectors.
  • Japan's BSI Large Manufacturing Conditions expanded with a BSI of 5.4, and the non-manufacturing sector grew with a BSI of 6 in Q3. Looking forward, the BSI for large corporations is expected to rise to 7.3 by December and then decrease to 6.2 by March 2024.
  • Australia's S&P/ASX 200 recorded a 0.74% decrease and closed at 7,153.90, led by losses in the IT, A-REITs, and Industrials sectors.
  • China's Shanghai Composite closed the session at 3,123.07, down 0.45%, and Shenzhen CSI 300 declined 0.64%, ending at 3,736.65.
  • Hong Kong's Hang Seng Stock Exchange slid 0.07%, closing at 18,010.00. 

Eurozone at 05.30 AM ET

  • The European STOXX 600 index was down 0.59%. Germany's DAX index slid 0.58%. 
  • France's CAC 40 declined by 0.51%.
  • Industrial production in the Eurozone dropped more significantly than anticipated in July; Eurozone Industrial Production (MoM) for July -1.1% Vs. -0.7% Est.; 0.5% prior.
  • The U.K.'s FTSE 100 traded lower by 0.14%.

Commodities at 05.30 AM ET

  • Crude Oil WTI was trading higher by 0.61% at $89.36/bbl, and Brent was up 0.53% to $92.55/bbl.
  • Natural Gas was down 0.26% to $2.737.
  • Gold was trading lower by 0.04% at $1,934.50, Silver was down 0.80% to $23.215, and Copper rose 0.05% to $3.7942.

US Futures at 05.30 AM ET

Dow futures were down 0.08%, S&P 500 futures declined 0.04%, and Nasdaq 100 futures lower by 0.04%.

Forex at 05.30 AM ET

The U.S. Dollar Index was up 0.05% to 104.76. USD/JPY rose 0.17% to 147.33, and USD/AUD increased by 0.22% to 1.5596.

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Posted In: AsiaNewsEmerging MarketsEurozoneFuturesCommoditiesForexMarkets
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