Continuing uncertainty surrounding the geopolitical situation in the Middle East as well as concerns about the hotter-than-expected inflation readings from the U.S. weighed on global market sentiment.
Wall Street Futures are trading directionless ahead of President Trump's China visit. Benchmarks in Europe are trading on a mostly positive note. Earlier in the day, Asian markets had finished trading on a mostly positive note.
The 6-currency Dollar Index which measures the U.S. Dollar's strength against a basket of 6 currencies has strengthened. Bond yields mostly hardened.
The two crude oil benchmarks are trading directionless. Gold has rallied close to half a percent. Cryptocurrencies are trading on a mildly positive note.
Here is a snapshot of the major world markets at this hour.
Stock Indexes:
DJIA (US30) at 49,639.40, down 0.24% S&P 500 (US500) at 7,417.00, up 0.22%Germany's DAX at 24,157.18, up 0.76% U.K.'s FTSE 100 at 10,270.53, up 0.05% France's CAC 40 at 7,952.50, down 0.34%Euro Stoxx 50 at 5,831.55, up 0.40% Japan's Nikkei 225 at 63,272.11, up 0.84% Australia's S&P ASX 200 at 8,630.40, down 0.46%China's Shanghai Composite at 4,242.57, up 0.67%Hong Kong's Hang Seng at 26,388.44, up 0.15% South Korea's KOSPI at 7,844.01, up 2.63%
Currencies:
Dollar Index at 98.48, up 0.18% EUR/USD at 1.1714, down 0.20%GBP/USD at 1.3507, down 0.26%USD/JPY at 157.80, up 0.13%AUD/USD at 0.7249, up 0.08%USD/CAD at 1.3692, down 0.03%
Ten-Year Govt Bond Yields:
U.S. at 4.463%, down 0.04% Germany at 3.1088%, up 0.32%France at 3.743%, up 0.24%U.K. at 5.1070%, up 0.08%Japan at 2.594%, up 1.21%
Commodities:
Brent Oil Futures (Jul) at $107.93, up 0.15%.Crude Oil WTI Futures (Jun) at $102.07, down 0.11%.Gold Futures (Jun) at $4,706.65, up 0.43%. Silver Futures (Jul) at $87.80, up 2.58%.
Cryptocurrencies:
Bitcoin at $80,803.63, up 0.20%Ethereum at $2,307.62, up 0.97%BNB at $680.58, up 2.95%XRP at $1.45, up 0.61%Solana at $94.77, down 0.18%
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.