Market/Sector Trends

Caution Rules Market Sentiment

Lingering worries about tech sector valuations and mixed earnings updates from the corporate sector swayed sentiment across global markets.

Wall Street Futures are directionless after Tuesday's sell-off. Benchmarks in Europe are trading on a negative note. Asian markets too closed on a mostly negative position.

The six-currency Dollar Index is trading close to the flatline. Ten-year bond yields are trading with no clear direction.

Both the crude oil benchmarks are trading with modest gains. Gold prices also rose mildly. Cryptocurrencies however extended losses.

Here is a snapshot of the major world markets at this hour.

Stock Indexes:

DJIA (US30) at 47,109.00, up 0.05%
S&P 500 (US500) at 6,757.10, down 0.22%
Germany's DAX at 23,755.11, down 0.80%
U.K.'s FTSE 100 at 9,708.00, down 0.07%
France's CAC 40 at 8,039.23, down 0.35%
Euro Stoxx 50 at 5,614.75, down 0.80%
Japan's Nikkei 225 at 50,297.00, down 2.33%
Australia's S&P ASX 200 at 8,802.00, down 0.13%
China's Shanghai Composite at 3,969.25, up 0.23%
Hong Kong's Hang Seng at 25,935.41, down 0.07%

Currencies:

EUR/USD at 1.1482, down 0.01%
GBP/USD at 1.3017, down 0.04%
USD/JPY at 153.67, up 0.01%
AUD/USD at 0.6476, down 0.25%
USD/CAD at 1.4133, up 0.22%
Dollar Index at 100.24, up 0.01%

Ten-Year Govt Bond Yields:

U.S. at 4.084%, down 0.15%
Germany at 2.6514%, down 0.02%
France at 3.442%, up 0.23%
U.K. at 4.4270%, up 0.11%
Japan at 1.659%, down 0.90%

Commodities:

Brent Oil Futures (Jan) at $64.65, up 0.33%.
Crude Oil WTI Futures (Dec) at $60.77, up 0.35%.
Gold Futures (Dec) at $3,967.40, up 0.17%.

Cryptocurrencies

Bitcoin at $101,596.26, down 2.22%
Ethereum at $3,285.12, down 5.99%
XRP at $2.21, down 2.26%
BNB at $938.81, down 1.62%
Solana at $155.22, down 3.41%

by Avila Sebastian

For comments and feedback: contact editorial@rttnews.com

More Market/Sector Trends