Indices and stock market conditions, oil, gold and foreign money markets on September 17
— The Dow Jones Industrial Average closed lower on Friday (Sept. 17) as markets continue to be pressured by concerns about corporate tax hikes, the coronavirus pandemic. and the possibility that the US Federal Reserve (Fed) will cut its bond purchases according to the quantitative easing (QE) measures faster.
The Dow Jones Industrial Average closed at 34,584.88, down 166.44, or -0.48%, the S&P500 closed at 4,432.99, down 40.76, or -0.91%, and the Nasdaq closed at 15,043.97, down 137.96, or -0.91%.
— European stock markets closed lower on Friday (Sept. 17) and ended their third straight week of lower losses, pressured by falling mining stocks. But reports that Britain is considering easing travel restrictions have helped boost airline and hotel stocks.
The Stoxx Europe 600 Index closed at 461.84, down 4.11, or -0.88%.
The French stock market CAC-40 closed at 6,570.19, down 52.40, or -0.79%, the German stock market DAX closed at 15,490.17, down 161.58, or -1.03%, and the FTSE 100 in London closed at 6,963.64, down 63.84, or -0.91%
— London stocks closed lower on Friday (Sept. 17) on the pressure of falling mining stocks. and the disclosure of lower-than-expected British retail sales in August. has reinforced concerns about economic recovery.
The FTSE 100 London Stock Exchange closed at 6,963.64, down 63.84, or -0.91%.
— New York West Texas Intermediate Crude Oil (WTI) ended negative on Wednesday (Sept. 17) on pressure from the stronger US dollar. This makes the crude oil contract priced in dollars. It is more expensive and less attractive to investors holding other currencies.
WTI crude oil contract for delivery in October It was down 64 cents, or 0.9%, at $71.97 a barrel, but was up 3.2 percent for the week.
— New York gold futures ended lower on Friday (Sept. 17) as the stronger dollar weighed on the market for a second day in a row.
The COMEX (Commodity Exchange) gold contract will be delivered in December. It was down $5.3, or 0.3%, at $1,751.4 an ounce. and in this week Gold futures fell 2.3 percent and closed at their lowest level since Aug. 10.
Silver metal contract for delivery in December It was down 45.7 cents, or 2%, to close at $22.337 an ounce.
The platinum contract was delivered in October. It was up $7.3, or 0.79%, at $930.6/ounce.
Palladium contract delivered in December It was down $37.70, or 1.9%, at $1,983.80 an ounce.
— The US Dollar appreciates against the major currencies. In trading on the New York Stock Exchange on Friday (Sept. 17), the euro and pound weakened. The dollar continued to be driven by better-than-expected US retail sales on Thursday. This supports expectations that the Federal Reserve (Fed) will cut quantitative easing (QE) asset purchases before the end of the year.
The dollar index, which measures the dollar’s movements against six major currencies in a basket of currencies, rose 0.28% to 93.1881 on Friday.
The US dollar strengthened against the yen at 109.91 yen from 109.70 yen, strengthened against the Swiss franc to 0.9322 franc from 0.9269 francs, and the dollar continued to strengthen against the yen. Canadian dollar to $1.2745 Canadian dollar from $1.2679 Canadian dollar.
The euro was lower against the dollar to $1.1729 from $1.1754, the pound fell to $1.3738 from $1.3789, and the Australian dollar was lower to $0.7273 from $0.7294.
The DJIA New York Stock Exchange closed at 34,584.88, down 166.44, -0.48%,
The S&P500 New York Stock Exchange closed at 4,432.99, down 40.76, -0.91%.
The NASDAQ New York Stock Exchange closed at 15,043.97, down 137.96, -0.91%.
The FTSE 100 London Stock Exchange closed at 6,963.64, down 63.84, -0.91%.
The French stock market CAC-40 index closed at 6,570.19, down 52.40, -0.79%,
The German stock market DAX index closed at 15,490.17, down 161.58, -1.03%.
Indian stock market SENSEX index closed at 59,015.89, down 125.27, -0.21%.
The Jakarta Composite Index closed at 6,133.25, up 23.31, +0.38%.
The Malaysian stock market FBMKLCI closed at 1,548.51, down 6.75, -0.43%.
The PSE Composite index closed at 6,912.85, down 55.58, -0.80%.
The FTSE STI index in Singapore closed at 3,071.23, up 6.69, +0.22%.
The HSI Hong Kong stock market closed at 24,920.76, up 252.91, +1.03%.
The SSE Composite Index closed at 3,613.97, up 6.87, +0.19%.
The TAIEX index of Taiwan stocks closed at 17,276.79, down 1.91, -0.011%.
The KOSPI index closed at 3,140.51, up 10.42, +0.33%.
The NIKKEI 225 Japanese stock market closed at 30,500.05 points, up 176.71 points, +0.58%.
The S&P/ASX 200 Australian stock market closed at 7,403.70, down 56.50, -0.76%.
The Australian ALL ORDINARIES index closed at 7,702.90, down 56.90, -0.73%.
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