Asia And Eurozone Markets Fall, Crude Trades Below $90 - Global Markets Today While US Was Sleeping

On Monday, October 2, the U.S. stock market ended mixed. The S&P 500 remained almost unchanged, with utilities experiencing a significant drop.

Economic data showed an uptick in ISM manufacturing PMI to 49 in September, up from 47.6 the previous month and surpassing market predictions of 47.8. Additionally, construction spending rose by 0.5% month-over-month, reaching an annual rate of $1,983.5 billion in August.

The Nasdaq increased as Nvidia NVDA shares jumped 2.9%, following Goldman Sachs’ decision to add the chipmaker to its conviction list of preferred stocks.

The Dow Jones Industrial Average closed lower by 0.22% at 33,433.35. The S&P 500 saw a slight gain of 0.01%, settling at 4,288.39, while the Nasdaq Composite gained 0.67% to conclude at 13,307.77.

Asia Markets Today

• Japan’s Nikkei 225 concluded Tuesday’s session settling lower by 1.64% at 31,237.94, led by losses in the Mining, Chemical, Petroleum & Plastic, and Transport sectors.
• Australia’s S&P/ASX 200 slid 1.28% and closed at 6,943.40, led by losses in the Gold, Energy, and Utilities sectors.
• The Australian Bureau of Statistics recently reported a 2.6% increase in new mortgage commitments to owner-occupiers in August, recovering from a 1.6% decline in July. Investor loan commitments also bounced back, rising by 1.6% after a 0.3% decrease the previous month.
• China’s markets were closed for the National Day holiday.
• The Hang Seng index in Hong Kong declined 3%, closing at 17,276.00, led by declines in its real estate and energy sectors.

Eurozone at 06:00 AM ET

• The European STOXX 600 index was down 0.26%.
• Germany’s DAX declined 0.40%.
• France’s CAC 40 slid 0.30%.
• The U.K.’s FTSE 100 traded higher by 0.24%.

Commodities at 06:00 AM ET

• Crude Oil WTI was trading higher by 0.06% at $88.87/bbl, and Brent was down 0.09% to $90.64/bbl.
• Natural Gas was up by 0.18% to $2.845.
• Gold was trading lower by 0.30% at $1,841.60, Silver fell 0.56% to $21.300, and Copper decreased by 0.15% to $3.6353.

US Futures at 06:00 AM ET

Dow futures gained 0.11%, S&P 500 futures were up by 0.13%, and Nasdaq 100 futures increased by 0.06%.

Forex at 06:00 AM ET

The U.S. Dollar Index was up 0.13% to 107.04. USD/JPY rose 0.02% to 149.89, and AUD/USD increased by 0.86% to 1.5850.