Asia And Europe Markets Dip, Crude And Gold In Green - Global Markets Today While US Was Sleeping

On Friday, January 12th, U.S. stock markets closed mixed, with minor fluctuations caused by a mix of varied bank earnings and optimistic inflation data.

In economic data, U.S. producer prices dropped by 0.1% in December, mirroring the decline from the previous month and contrasting with market predictions of a 0.1% increase.

Over the week, the Dow advanced by 0.34%, the S&P 500 increased 1.84%, and the Nasdaq grew 3.09%.

The Dow Jones Industrial Average declined 0.31%, closing at 37,592.98. In contrast, the S&P 500 increased by 0.08% to 4,783.83, while the Nasdaq Composite ticked marginally by 0.02%, ending the session at 14,972.76.

The Dow experienced a drop, primarily driven by a 3.37% decrease in UnitedHealth (NYSE:UNH) following its report of higher-than-anticipated medical costs.

Asia Markets Today

• On Tuesday, Japan’s Nikkei 225 index closed the session lower by 0.79% at 35,619.18, led by losses in the Transportation Equipment, Services, and Glass sectors.
• Australia, the S&P/ASX 200 declined 1.09%, ending at 7,414.80, led by losses in the Utilities, Resources and Metals & Mining sectors.
• India’s Nifty 50 closed lower by 0.29% at 22,032.30, and Nifty 500 slid 0.29% to 19,827.55. 
• China’s Shanghai Composite increased 0.27% to 2,893.99, while the Shenzhen CSI 300 rose 0.61%, closing at 3,300.88.
• Hong Kong’s Hang Seng Index slipped 2.00%, concluding the day at 15,883.00.

Eurozone at 06:00 AM ET

• The European STOXX 600 index was down 0.66%.
• Germany’s DAX slipped 0.72%.
• France’s CAC declined by 0.64%.
• The UK’s FTSE 100 traded lower by 0.53%.

Commodities at 06:00 AM ET

• Crude Oil WTI was trading higher by 0.67% at $73.26/bbl, and Brent was up 0.99% at $78.93/bbl.
• Natural Gas declined 9.39% to $3.002.
• Gold was trading lower by 0.42% at $2,043.00, Silver slid 0.71% to $23.168, while Copper rose 0.70% to $3.7668.

US Futures at 06:00 AM ET            

Dow futures were down 0.51%, S&P 500 futures declined 0.60%, while Nasdaq 100 Futures fell 0.75%.

Forex at 06:00 AM ET

The U.S. Dollar Index rose 0.84% to 103.27, USD/JPY was up 0.66% to 145.69, and AUD/USD gained 0.93% to 1.5155.

Photo by Markus Spiske on Unsplash