Asia And Eurozone Markets Lower, Crude Oil Trades In Green - Global Markets Today While US Was Sleeping

On Friday, September 29, the U.S. stock markets ended mixed as investors processed the effects of U.S. inflation report on the Federal Reserve’s interest rate policy and rethought their portfolios.

The headline PCE price index rose to 3.5% in August 2023, up from 3.4% in July, marking its second monthly increase. Meanwhile, the core index, excluding food and energy, fell to 3.9% from 4.2%, as anticipated.

In the S&P 500 sectors, energy decreased by approximately 2%, while financials experienced a 0.9% drop. Despite this, energy maintained its position as the highest gaining sector for the third consecutive quarter.

The Dow Jones Industrial Average closed lower by 0.47% at 33,507.50. The S&P 500 saw a decline of 0.27%, settling at 4,288.05, while the Nasdaq Composite gained 0.14% to conclude at 13,219.32.

In Q3 the S&P 500 decreased by roughly 3.6%, the Dow went down by 2.6%, and the Nasdaq declined by 4.1%. For September, the S&P 500 saw a reduction of 4.9%, the Dow decreased by 3.5%, and the Nasdaq dropped by 5.8%.

Asian Markets Today

• Japan’s Nikkei 225 concluded Monday’s session settling lower by 0.31% at 31,759.88. The sentiment among Japan’s big manufacturers improved in the third quarter, with a score of 9, an increase from 5 in the previous quarter, as revealed by the central bank’s closely monitored tankan survey.
• Australia’s S&P/ASX 200 slid 0.22% and closed at 7,033.20, led by an increase in mining and technology stocks that were almost counterbalanced by declines in the energy and financial sectors.
• China’s markets were closed for the National Day holiday.

Eurozone at 06:00 AM ET

• The European STOXX 600 index was down 0.42%.
• Germany’s DAX declined 0.25%.
• France’s CAC 40 slid 0.36%.
• The U.K.’s FTSE 100 traded lower by 0.45%.

Commodities at 06:00 AM ET

• Crude Oil WTI was trading higher by 0.82% at $91.53/bbl, and Brent gained 0.89% to $93.00/bbl.
• Natural Gas was down by 0.27% to $2.921.
• Gold was trading lower by 0.88% at $1,849.95, Silver fell 2.91% to $21.802, and Copper decreased by 0.94% to $3.7023.

US Futures at 06:00 AM ET

Dow futures gained 0.03%, S&P 500 futures were up by 0.08%, and Nasdaq 100 futures increased by 0.23%.

Forex at 06:00 AM ET

The U.S. Dollar Index was up 0.25% to 106.49. USD/JPY rose 0.27% to 149.57, and AUD/USD increased by 0.39% to 1.5625.