On Friday, January 26th, U.S. stock markets closed mixed as the S&P 500’s five-session record streak ended, influenced by a decline in Intel’s INTC stock following its disappointing revenue forecast.
Intel reported upbeat results for its fourth quarter but issued a weak forecast for the first quarter.
In economic data, December’s PCE inflation rate remained steady at 2.6%, with a monthly increase of 0.2%. U.S. pending home sales in December unexpectedly surged 8.3%, far exceeding the 1.5% estimate and contrasting with November’s revised 0.3% decrease.
The Dow Jones Industrial Average gained 0.16% and closed at 38,109.43, the S&P 500 declined 0.07% to 4,890.97, while the Nasdaq Composite was down 0.36%, ending the session at 15,455.36.
Asian Markets Today
- On Monday, Japan’s Nikkei 225 index closed the session higher by 0.84% at 36,026.94, with gains in the Marine Transport, Rubber, and Pharmaceutical Industry sectors.
- Australia, the S&P/ASX 200 was up 0.30% and closed at 7,578.40, led by gains in the Energy, A-REITs and Financials sectors.
- India’s Nifty 50 closed higher by 1.80% at 21,737.60, and the Nifty 500 gained 1.64% to 19,711.65.
- China’s Shanghai Composite slipped 0.92% to 2,883.36, while the Shenzhen CSI 300 was down 0.90%, closing at 3,303.96.
- Hong Kong’s Hang Seng Index gained 0.78%, concluding the day at 16,077.24.
Eurozone at 06:30 AM ET
- The European STOXX 600 index was up 0.01%.
- Germany’s DAX declined 0.41%.
- France’s CAC rose by 0.03%.
- The UK’s FTSE 100 traded higher by 0.22%.
Commodities at 06:30 AM ET
- Crude Oil WTI was trading higher by 0.09% at $78.08/bbl, and Brent was up 0.08% at $83.02/bbl.
- Natural Gas declined 2.16% to $2.128.
- Gold was trading higher by 0.52% at $2,046.55, Silver rose by 0.95% to $23.090, while Copper fell 0.03% to $3.3507.
US Futures at 06:30 AM ET
Dow futures were down 0.03%, S&P 500 futures rose 0.05%, while Nasdaq 100 Futures climbed 0.21%.
Forex at 06:30 AM ET
The U.S. Dollar Index rose 0.19% to 103.63, USD/JPY slid 0.24% to 147.81, and AUD/USD fell 0.49% to 1.5139.
Photo by Markus Spiske on Unsplash
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.