Asia And Europe Markets Mixed, Gold Advances - Global Markets Today While US Slept

On Thursday, U.S. markets closed higher, boosted by Nvidia, Apple, and Tesla, after Trump proposed reciprocal tariffs. Stocks gained as producer prices rose while core inflation remained stable. Treasury yields fell, indicating confidence in cooling inflation. The Nasdaq and Dow also advanced, with the S&P marking its strongest rise since mid-January.

According to economic data, the Producer Price Index rose 3.5% annually, the highest since early 2023, exceeding forecasts. Monthly growth also surpassed expectations at 0.4%. Core PPI, excluding food and energy, increased by 3.6% yearly and 0.3% monthly, both above projections.

All eleven S&P 500 sector indexes advanced, with materials leading the gains and consumer discretionary, which also saw a strong increase.

The Dow Jones Industrial Average was up 0.77% and closed at 44,711.43, the S&P 500 closed higher by 1.04% at 6,115.07, while the Nasdaq Composite rose 1.50% to finish at 19,945.64.

Aisa Markets Today

• On Friday, Japan’s Nikkei 225 closed lower by 0.79%, ending the session at 39,164.50. Losses in the Textile, Transportation Equipment, and Chemical, Petroleum, and plastic sectors led the decline.
• Australia’s S&P/ASX 200 rose 0.19% to 8,555.80, led by gains in the Consumer Staples, Gold, and IT sectors.
• India’s Nifty 50 closed lower by 0.58% at 22,897.25, and Nifty 500 slid by 1.45%, closing at 20,600.25, led by losses in the Capital Goods, Power, and Public Sector Undertakings sectors.
• China’s Shanghai Composite gained 0.43% and closed at 3,346.72, while Shanghai Shenzhen CSI 300 was down 0.87% at 3,939.01.
• Hong Kong’s Hang Seng closed the session higher by 3.69% at 22,620.33.

Eurozone at 05:30 AM ET

• The European STOXX 50 was down 0.01%.
• Germany’s DAX declined 0.37%.
• France’s CAC rose 0.20%.
• U.K.’s FTSE 100 index traded lower by 0.30%

Commodities at 05:30 AM ET

• Crude Oil WTI was trading higher by 0.13% at $71.38/bbl, and Brent was up 0.25% at $75.21/bbl.
• Oil prices rebounded, ending weeks of decline, supported by rising fuel demand and delayed U.S. tariffs. Market optimism grew over potential trade agreements, but gains remained limited amid possible Russian supply increases.
• Natural Gas gained 1.76% to $3.692.
• Gold was trading higher by 0.51% at $2,960.31, Silver was up 4.05% to $34.045, and Copper slid 0.03% to $4.7770.

U.S. Futures at 05:30 AM ET

Dow futures were down 0.28%, S&P 500 futures declined 0.11% and Nasdaq 100 futures fell 0.06%.

Forex at 05:30 AM ET

• The U.S. Dollar Index fell 0.07% to 106.98, USD/JPY was down 0.20% to 152.52, and USD/AUD slid 0.31% to 1.5780.
• As delayed reciprocal tariffs eased market concerns, the U.S. dollar steadied near a three-week low. Inflation fears softened after a producer price report, while optimism around Ukraine-Russia peace talks boosted the euro.

Photo by Pavel Bobrovskiy via Shutterstock