Asia Markets Mixed, Europe Dips; Crude Oil Hovers Around $70 - Global Markets Today While US Was Sleeping

On Tuesday, January 2nd, the U.S. stock markets closed mixed, with S&P 500 and Nasdaq Composite closing in the red, dragged down by Apple's downgrade and big-tech losses amid rising treasury yields.

In economic data, December's S&P Global manufacturing PMI fell to 47.9 from November's 49.4, while construction spending in November grew by 0.4%, hitting $2,050.1 billion annually.

Healthcare topped S&P 500 sectors driven by Moderna's 13.1% jump after an upgrade and positive 2025 sales outlook.

The Dow Jones Industrial Average increased by 0.07%, closing at 37,715.04. The S&P 500 was down 0.57% to 4,742.83, and the Nasdaq Composite declined 1.63%, ending the trading session at 14,765.94.

Asian Markets Today

• Japan's Nikkei 225 is closed for the market holiday.
• In Australia, the S&P/ASX 200 closed Wednesday's session lower by 1.37%, ending at 7,523.20, led by losses in the IT, Gold, and A-REITs sectors.   
• China's Shanghai Composite gained 0.17% to 2,967.25, while the Shenzhen CSI 300 slipped 0.24%, closing at 3,378.30.
• Hong Kong's Hang Seng Index was down 0.94%, concluding the day at 16,626.50.

Eurozone at 06:00 AM ET

• The European STOXX 600 index was down 0.56%.
• Germany's DAX slid 0.59%.
• France's CAC declined 1.04%.
• The U.K.'s FTSE 100 traded lower by 0.56%.

Commodities at 06:00 AM ET

• Crude Oil WTI was trading lower by 0.40% at $70.09/bbl, and Brent was down 0.20% at $75.76/bbl.
• Natural Gas declined 0.04% to $2.566.
• Gold was trading lower by 0.55% at $2,062.15, Silver fell 1.35% to $23.630, and Copper slipped 0.83% to $3.8487.

US Futures at 06:00 AM ET            

Dow futures were down 0.17%, S&P 500 futures slid 0.22%, while Nasdaq 100 Futures declined 0.36%.

Forex at 06:00 AM ET

The U.S. Dollar Index rose 0.18% to 102.38, USD/JPY was up 0.49% to 142.68, and AUD/USD gained 0.30% to 1.4834.

Photo by Markus Spiske on Pexels