Asia Markets Mixed, Europe Slips As China's Tariff Retaliation Hits Sentiment - Global Markets Today While US Slept

Also Read: ‘Pharma Bro’ Martin Shkreli Defends Palantir’s Valuation Amid 24% Surge, Says AI Firm’s Cash Flow Justifies ‘Expensive’ Price.

In economic data, U.S. job openings fell by 556,000 to 7.6 million in December, missing estimates of 8.0 million. Factory orders dropped 0.9% to $578.5 billion, following a revised 0.8% decline in November.

Most S&P 500 sectors ended higher, led by energy, tech, and communication services, while utilities and consumer staples declined.

The Dow Jones Industrial Average was up 0.30% and closed at 44,556.04, the S&P 500 closed higher by 0.72% at 6,037.88, and the Nasdaq Composite rose 1.35% to finish at 19,654.02.

Aisa Markets Today

Eurozone at 05:30 AM ET

  • The European STOXX 50 was down 0.22%.
  • Germany’s DAX fell 0.24%.
  • France’s CAC declined 0.25%.
  • U.K.’s FTSE index 100 traded lower by 0.01%.

Commodities at 05:30 AM ET

U.S. Futures at 05:30 AM ET

Dow futures were down 0.20%, S&P 500 futures declined 0.56% and Nasdaq 100 futures slid 0.95%.

Forex at 05:30 AM ET

  • The U.S. dollar index declined 0.54% to 107.42, the USD/JPY fell 1.11% to 152.64, and the USD/AUD fell 0.49% to 1.5907.
  • The yuan weakened as U.S.-China trade tensions hit markets, while the yen surged on expectations of Bank of Japan rate hikes. The dollar fell against major currencies, with traders watching China’s response to tariffs and potential U.S. negotiations. Japan’s strong wage data fueled further yen gains.

Photo by Pavel Bobrovskiy via Shutterstock

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.