Asia Markets Rise, Europe Faces Slight Downturn, Gold Remains Above $1,900 - Global Markets Today While US Was Sleeping

On Monday, October 16, the U.S. stock markets closed higher, reflecting optimism over earnings season. Treasury yields increased as investors closely monitored the ongoing conflict between Israel and Hamas.

In economic data, the NY Empire State Manufacturing Index for October was reported at -4.6, a drop from 1.9 in the previous month but still better than the expected -7.

All the sectors on the S&P 500 ended positively, with consumer discretionary and communication services stocks registering the highest increases.

The Dow Jones Industrial Average increased by 0.93% to 33,984.54, the S&P 500 climbed 1.06% to 4,373.63, while the Nasdaq Composite rose 1.20% to 13,567.98.

Asian Markets Today

• Japan's Nikkei 225 closed higher by 1.20% at 32,013.50 on Tuesday, influenced by Wall Street's optimism.
• Australia's S&P/ASX 200 was up by 0.42% and ended the session at 7,056.10, led by gains in the IT, A-REITs and Financials sectors.
• China's Shanghai Composite increased by 0.32% to end the session at 3,083.50, and the Shenzhen CSI 300 rose 0.35%, closing at 3,639.40. 
• Hong Kong's Hang Seng Index was up 0.89% and closed at 17,760.00.

Eurozone at 06:15 AM ET

• The European STOXX 600 index was down 0.18%.
• Germany's DAX declined 0.37%.
• France's CAC slid 0.22%.
• The U.K.'s FTSE 100 traded higher by 0.44%.

Commodities at 06:15 AM ET

• Crude Oil WTI was trading lower by 0.07% at $85.22/bbl, and Brent was up 0.08% at $89.75/bbl.
• Natural Gas gained 0.45% to $3.146
• Gold was trading higher by 0.10% at $1,936.25, Silver rose 0.42% to $22.860, and Copper was down 0.87% to $3.5510.

US Futures at 06:15 AM ET

Dow futures were down 0.17%, S&P 500 futures declined 0.16%, while Nasdaq 100 futures slid by 0.19%.

Forex at 06:15 AM ET

The U.S. Dollar Index was up 0.06% to 106.21. USD/JPY declined 0.04% to 149.44, and AUD/USD slipped 0.32% to 1.5735.