Asia Down, Europe Markets Trade Higher While Crude Oil Nears $75 - Global Markets Today While US Was Sleeping

On Tuesday, November 8th, the U.S. stock markets closed higher, with the S&P 500 and Nasdaq hitting a two-year high streak as falling Treasury yields boosted big tech stocks.

In economic data, the U.S. trade deficit widened to $61.5 billion in September from a revised $58.7 billion the previous month, surpassing market expectations of $59.9 billion.

Most S&P 500 sectors ended in the red, with energy and materials suffering the most significant declines. Conversely, consumer and tech sectors defied the downtrend to finish with gains.

The Dow Jones Industrial Average rose by 0.17% to 34,152.60, the S&P 500 increased by 0.28% to 4,378.38, and the Nasdaq Composite was up 0.90%, ending the session at 13,639.86.

Asian Markets Today

• Japan's Nikkei 225 ended Wednesday's session lower by 0.26% at 32,166.48, led by losses in the Fishery, Banking, and Marine Transport sectors.
• Australia's S&P/ASX 200 rose 0.26%, closing the session at 6,995.40, led by gains in the IT, A-REITs, and Industrials sectors.
• China's Shanghai Composite declined 0.16% to close the session at 3,052.37, and the Shenzhen CSI 300 was down 0.24%, closing at 3,611.07.
• Hong Kong's Hang Seng Index slipped 0.48% and closed at 17,575.00.

Eurozone at 07:00 AM ET

• The European STOXX 600 index was up 0.06%.
• Germany's DAX was up 0.01%.
• France's CAC gained 0.22%.
• The U.K.'s FTSE 100 traded higher by 0.05%.

Commodities at 07:00 AM ET

• Crude Oil WTI was trading lower by 0.76% at $76.78/bbl, and Brent was down by 0.70% at $81.04/bbl.
• Natural Gas declined 0.06% to $3.138.
• Gold was trading lower by 0.18% at $1969.95. Silver slipped 0.58% to $22.457, and Copper was up 0.01% to $3.6793.

US Futures at 07:00 AM ET

Dow futures were up 0.17%, S&P 500 futures rose 0.28%, while Nasdaq 100 Futures gained 0.90%.

Forex at 07:00 AM ET

The U.S. Dollar Index was up 0.20% to 105.75. USD/JPY was up 0.29% to 150.77, and AUD/USD rose 0.09% to 1.5552.