Newsletter

World Markets: Summary of stock market, oil, gold

Indices and stock market conditions, oil, gold and foreign money markets on 24 Aug 2021

— The Dow Jones Industrial Average closed higher overnight (Aug. 24), while the Nasdaq and S&P500 closed in New York as investors continued to respond to news that the US Food and Drug Administration (FDA) approved the use. Vaccines against COVID-19 Pfizer-Biotech’s full approval, with the news bolstering stocks that are expected to benefit from economic reopening. This includes the airline and cruise line stocks.

The Dow Jones Industrial Average closed at 35,366.26, up 30.55, or +0.09%. The S&P 500 closed at 4,486.23, up 6.70, or +0.15%. The Nasdaq closed at 15,019.80, up 77.15, or +0.52%.

— European stock markets closed slightly lower overnight (Aug. 24) as investors slowed down big buyouts ahead of the annual global central bank meeting held by the Federal Reserve at the weekend. Jackson Hole City US state Wyoming tomorrow

The Stoxx Europe 600 Index closed at 471.79 points, down 0.09 points or -0.02%.

The French stock market CAC-40 closed at 6,664.31, down 18.79, or -0.28%, but the German stock market DAX closed at 15,905.85, up 53.06, or 0.33%, and the FTSE 100 in London closed at 7,125.78, up 16.76, or so. +0.24%

— London stocks closed higher overnight (Aug 24) on the back of a gain in mining stocks. This helped offset the decline in consumer goods and pharmaceutical stocks. But concerns about the reductions in stimulus measures by central banks That makes the market adjust up not much.

The FTSE 100 London Stock Exchange closed at 7,125.78, up 16.76, or +0.24%.

New York’s West Texas Intermediate Crude Oil (WTI) ended up hitting a one-week high on Aug. 24, boosted by the Food and Drug Administration (FDA). US FDA approves COVID-19 vaccine Pfizer-Biontech’s full approval. Mexico’s Pmex oil rig caught fire As a result, the oil production of such companies has decreased.

WTI crude oil contract for delivery in September It was up $1.90 or 2.9% to close at $67.54 a barrel.

Brent crude oil contract (BRENT) for delivery in Oct. It was up $2.30, or 3.4%, at $71.05 a barrel.

— New York gold futures ended positive for a third day on Friday (Aug 24) as investors continued to buy gold as a safe haven asset. Amid concerns about the impact of the Covid-19 epidemic Delta species Meanwhile, investors are keeping an eye on the Federal Reserve’s (Fed) annual meeting in Jackson Hole, Wyoming on Aug. 26-28 for signs of the Fed’s monetary policy direction.

The COMEX (Commodity Exchange) gold contract will be delivered in December. It was up $2.2, or 0.12%, at $1,808.5/ounce.

Silver metal contract delivered in September It was up 23.8 cents, or 1.01%, at $23.894 an ounce.

Platinum contract delivered in Oct. It was down $4, or 0.39%, to close at $1,010.1/ounce.

Palladium contract delivered in September It was up $57.40, or 2.4%, at $2,442.50 an ounce.

— The US dollar weakened slightly against the major currencies. In trading on the New York Stock Exchange last night (Aug. 24) as investors reduced their holdings of the dollar as a safe-haven currency. After the US Food and Drug Administration (FDA) approved the use of a vaccine against COVID-19. of Pfizer-Biotech in full (full approval)

The dollar index, which measures the dollar’s movements against six major currencies in a basket of currencies, fell 0.07% to 92.8941 overnight.

The dollar was flat against the yen at 109.68 yen, while the dollar was lower against the Canadian dollar at 1.2594 Canadian dollars from 1.2645 Canadian dollars. But it appreciated against the Swiss franc at 0.9126 francs from 0.9124 francs.

The euro was higher against the dollar at $1.1754 from $1.1748, while the pound rose to $1.3730 from $1.3729, and the Australian dollar rose to $0.7256 from $0.7216.

The DJIA New York Stock Exchange closed at 35,366.26, up 30.55, +0.09%.

The New York Stock Exchange S&P500 closed at 4,486.23, up 6.70, +0.15%.

The NASDAQ New York Stock Exchange closed at 15,019.80 points, up 77.15 points, +0.52%.

The FTSE 100 London Stock Exchange closed at 7,125.78, up 16.76, +0.24%.

The French stock market CAC-40 index closed at 6,664.31, down 18.79, -0.28%.

The German stock market DAX index closed at 15,905.85, up 53.06, +0.33%.

Indian stock market SENSEX index closed at 55,958.98, up 403.19 points, +0.73%.

The Jakarta Composite Index closed at 6,089.50 points, down 20.33, -0.33%.

FBMKLCI Malaysia stock market closed at 1,553.37 points, up 30.94 points, +2.03%.

The PSE Composite index closed at 6,678.82, up 87.15, +1.32%.

The FTSE STI index in Singapore closed at 3,107.62, up 20.06, +0.65%.

The HSI Hong Kong stock market closed at 25,727.92, up 618.33, +2.46%.

The SSE Composite Index closed at 3,514.47 points, up 37.34 points, +1.07%.

The TAIEX index of Taiwan stocks closed at 16,818.73 points, an increase of 76.89 points, +0.46%.

The KOSPI index closed at 3,138.30 points, up 48.09 points, +1.56%.

The NIKKEI 225 Japanese stock market closed at 27,732.10, up 237.86, +0.87%.

The S&P/ASX 200 Australian stock market closed at 7,503.00, up 13.10, +0.17%.

The ALL ORDINARIES Australian stock market closed at 7,773.70, up 12.60, +0.16%.


.