29 March 2022 – 07:46
The Dow closed up 94.65 points, while WTI oil was down $7.94, gold dropped to $1,939.80 an ounce.
US stock market sentiment last night (March 28) The Dow closed higher, while the Nasdaq rose more than 1% on the back of strong buying in technology stocks. In particular, Tesla shares rose more than 8 percent as investors watched the US release of its fourth-quarter gross domestic product (GDP) and non-farm payrolls this week.
The Dow closed at 34,955.89, up 94.65, or +0.27%.
The Nasdaq closed at 14,354.90, up 185.60, or +1.31%.
The S&P500 closed at 4,575.52 points, up 32.46 points, or +0.71%.
New York West Texas Intermediate (WTI) crude futures closed lower on Monday. After China announced a lockdown in Shanghai to curb the spread of COVID-19 The measure raised investors’ fears that it would affect Chinese oil demand. which is the world’s largest crude oil importer
WTI crude oil contract for delivery in May It fell $7.94, or 7%, at $105.96 a barrel.
Brent crude oil contract (BRENT) for delivery in May. It was down $8.17, or 6.8%, at $112.48 a barrel.
The COMEX (Commodity Exchange) gold contract will be delivered in April. It fell $14.40, or 0.74%, at $1,939.80 an ounce.
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