Newsletter

The Dow Jones Industrial Average closed 313.45 points.

Stock market indices and conditions, oil, gold and foreign exchange markets on 20 September 2022

Dow jones New York stock marketIt closed more than 300 points lower on Tuesday (September 20) as investors worried the Federal Reserve would raise another big rate hike at its meeting, which ends today US time. hard by inflation.

The Dow Jones Industrial Average closed at 30,706.23, down 313.45, or -1.01%, the S&P500 closed at 3,855.93, down 43.96, or -1.13%, and the Nasdaq closed at 11,425.05, down 10,97% or -109%.

European stock marketIt fell close to an 11-week low on Tuesday (September 20), falling for a sixth consecutive day on expectations that the US Federal Reserve (Fed) will raise interest rates sharply then. causing investors to delay their investment in risky assets

The STOXX 600 index closed at 403.42, down 4.45 or -1.09%.

France’s CAC-40 stock market index closed at 5,979.47 points, down 82.12 points, or -1.35%, Germany’s DAX stock market index closed at 12,670.83 points, down 132.41 points, or -1.03%, and London’s FTSE 100 index closed at 7,192.66 points, down 44.02 points, or -0.61%

London stock marketIt closed lower on Tuesday (September 20), hitting a two-week low, weighed down by concerns about rising interest rates. and its impact on economic expansion ahead of the Federal Reserve (Fed) and Bank of England (BoE) monetary policy meetings this week.

The London Stock Exchange FTSE 100 closed at 7,192.66, down 44.02, or -0.61%.

West Texas Crude Oil (WTI) contract New York markets closed negative on Tuesday (September 20), with the market weighed down by the appreciation of the dollar. and concerns that the Federal Reserve (Fed) rate hike will affect the economy and the demand for oil.

The WTI crude oil contract was executed in October. It was down $1.28, or 1.5%, to close at $84.45 a barrel.

The Brent crude oil contract (BRENT) delivered in November. It was down $1.38, or 1.5%, to close at $90.62 a barrel.

gold contractNew York markets closed negative on Tuesday (September 20) as the strength of the dollar weighed on the market. While investors are keeping an eye on the results of the Federal Reserve (Fed) meeting today, US time. amid those forecasts the Fed will raise interest rates another 0.75% at this meeting.

The COMEX (Commodity Exchange) gold contract will be introduced in December. It was down $7.1, or 0.42%, at $1,671.1/ounce.

The silver metal contract for delivery in December was down 17.5 cents, or 0.9%, at $19.183 an ounce.

Platinum contract delivered in October. It was up $4.3, or 0.47%, at $922.8/ounce.

Palladium contract delivered in December was down $50.20, or 2.3%, to close at $2,170.50 an ounce.

the United States dollarIt appreciated against major currencies in trading on the New York Stock Exchange on Tuesday (September 20), boosted by expectations that the Federal Reserve (Fed) will accelerate interest rate hikes to help lower interest rates and extract inflation.

The dollar index, which measures the dollar’s movements against six major currencies in a basket of currencies, rose 0.44 percent to 110.2150.

The dollar strengthened against the yen to 143.66 yen from 143.25 and was stronger against the Canadian dollar to 1.3364 Canadian dollars from 1.3269 Canadian dollars. But compared to the Swiss Franc the dollar weakened to 0.9640 francs from 0.9655 francs.

The euro was lower against the dollar to $0.9972 from $1.0014, while the pound was lower to $1.1370 from $1.1420, while the Australian dollar was lower to $0.6692 from $0.6714.