On Thursday, June 13th, U.S. stock markets closed mixed, with the Nasdaq and S&P 500 reaching record highs for the fourth consecutive session, fueled by advances in technology and subdued inflation data, despite lower U.S. Treasury yields and moderated expectations for Federal Reserve rate cuts.

According to economic data, U.S. producer prices dropped 0.2% in May, defying expectations of a gain, while initial jobless claims rose to 242,000, exceeding forecasts. The Federal Reserve held interest rates steady but hinted at fewer rate cuts ahead.

Most S&P 500 sectors fell, led by declines in communication services, energy, and industrials, while information technology and real estate stocks rose.

The Dow Jones Industrial Average was down 0.17% and closed at 38,647.10. The S&P 500 rose 0.23%, ending the day at 5,433.74, and the Nasdaq Composite gained 0.33%, finishing the session at 17,665.90.

Asian Markets Today

Eurozone at 06:15 AM ET

• The European STOXX 50 index declined 1.78%.
• Germany’s DAX slid 1.31%.
• France’s CAC was down 2.45%.
• U.K.’s FTSE 100 traded lower by 0.49%.

Commodities at 06:15 AM ET

• Crude Oil WTI was trading lower by 0.36% at $78.35/bbl, and Brent was down 0.18% at $82.59 bbl.
• Natural Gas declined 0.41% to $2.947.
• Gold was trading higher by 1.12% at $2,344.35, Silver rose 0.49% to $29.215, and Copper was down 0.46% to $4.4618.

US Futures at 06:15 AM ET

Dow futures were down 0.86%, S&P 500 futures fell 0.54%, and Nasdaq 100 Futures declined 0.29%.

Forex at 06:15 AM ET

The U.S. Dollar Index gained 0.42% to 105.64, USD/JPY was down 0.07% at 156.93, and USD/AUD rose 0.38% to 1.5127.

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