Get 40% Off
🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

U.S. and European indices dip while Asian markets show mixed results

Published 26/10/2023, 15:24
© Reuters.

Today, U.S. and European stock markets witnessed a slump with S&P 500 futures dropping by 0.8% and Dow Jones futures declining by 0.4%. This mirrored the performance of European indices, with the Stoxx Europe 600 and FTSE 100 also experiencing downturns. In contrast, Germany's DAX index saw a marginal rise of 0.1%.

In corporate news, Deutsche Bank and Sodexo (EPA:EXHO) stocks bucked the downward trend, registering gains. This stood in stark contrast to Standard Chartered (OTC:SCBFF) and Straumann Holding, which posted losses.

The Wall Street Journal Dollar Index climbed to 100.96 today, reflecting a stronger U.S. dollar. On the commodities front, Brent and WTI crude prices fell to $88.86 and $85.14 a barrel respectively.

Investors also observed an uptick in bond yields today with German Bunds' yield rising to 2.91% and U.S. Treasuries' yield increasing to 4.972%.

Asian markets presented a mixed picture today. Japan's Nikkei 225 and Hong Kong's Hang Seng indices fell, while China's Shanghai Composite index registered gains.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.