|
| |
Market Wrap: Stocks, Bonds, Commodities |
|
|
| |
|
|
|
| |
On Monday, U.S. stocks closed lower, with the S&P 500 dipping 23 points (-0.35%) to 6,846, and the Nasdaq 100 down 64 points (-0.25%) to 25,627.
The Dow Jones Industrial Average dropped 215 points (-0.45%) to 47,739.
Investors appeared cautious ahead of the Federal Reserve’s interest-rate decision due Wednesday.
Paramount Skydance Corporation (PSKY) jumped 9.02%. The media and entertainment company initiated a hostile takeover bid worth 108.4 billion dollars for the whole of Warner Bros Discovery (WBD), one day after Netflix (NFLX) agreed to buy Warner’s major assets.
Warner Bros Discovery (WBD) rose 4.41%, while Netflix (NFLX) fell 3.44%.
Nvidia (NVDA) closed 1.72% higher. In after-market hours, U.S. President Donald Trump said the chip-maker could export its H200 artificial intelligence chips to China.
Advanced Micro Devices (AMD) gained 1.44%, Micron Technology (MU) was up 4.09%, while Intel (INTC) retreated 2.68%.
Tesla (TSLA) declined 3.39%. The electric-vehicle maker was downgraded to "equal-weight" from "overweight" by Morgan Stanley.
The U.S. 10-year yield climbed further to 4.170%, extending its rally to a third session.
In Europe, the DAX 40 edged up 0.07%, while the CAC 40 dipped 0.08%, and the FTSE 100 fell 0.23%.
Gold price lacked upward momentum, easing 7 dollars to 4,190 dollars an ounce.
U.S. WTI crude futures dropped 1.20 dollars (-2.00%) to 58.88 dollars a barrel.
|
| |
|
|
|
|
|
|
|
|
| |
The U.S. dollar was stable, with the dollar index edged up to 99.10.
EUR/USD dipped 7 pips to 1.1635. Germany's industrial production grew 1.8% month on month in October (vs +1.3% in September).
USD/JPY rose 60 pips to 155.94. A magnitude 7.5 earthquake struck northern Japan at night time on Monday.
GBP/USD slipped 9 pips to 1.3320.
AUD/USD declined 14 pips to 0.6623.
USD/CHF rose 24 pips to 0.8068, and USD/CAD advanced 39 pips to 1.3854.
Bitcoin struck 92,000 dollars on the upside before retreating.
|
| |
|
|
|
|
|
|
|
|
| |
In Asian trading hours, AUD/USD was largely flat at 0.6620.
As expected, the Reserve Bank of Australia (RBA) kept its key interest rate unchanged at 3.60%.
USD/JPY dipped to 155.85 after a magnitude 7.5 earthquake struck northern Japan overnight.
Meanwhile, EUR/USD was stable at 1.1645, and GBP/USD traded slightly higher to 1.3348.
Gold was little changed at 4,192 dollars an ounce.
Bitcoin eased further, testing support at the level of 90,000 dollars.
|
| |
|
|
|
|
|
|
|
|
| |
Germany's industrial production is expected to grow 0.9% month on month in October.
The latest U.S. job openings may amount to 7 million.
|
| |
|
|
|
|
|
