Newsletter

World Markets: Summary of stock market, oil, gold

Indices and stock market conditions, oil, gold and foreign money markets on Nov 22, 2021

— The Dow Jones Industrial Average closed higher last night (Nov. 22) after President Joe Biden decided to nominate Jerome Powell as Federal Reserve Chair for a second term. However, the S&P500 and Nasdaq closed in negative territory, pressured by rising Treasury yields. united states

The Dow Jones Industrial Average closed at 35,619.25, up 17.27, or +0.05%, the S&P 500 closed at 4,682.94, down 15.02, or -0.32%, and the Nasdaq closed at 15,854.76, down 202.68, or -1.26%.

— European stock markets closed lower on Monday (Nov. 22), pressured by worries about economic expansion. Due to the increase in the number of Covid-19 cases and many European countries have returned to implement new lockdown measures.

The Stoxx Europe 600 Index closed at 485.46, down 0.62, or -0.13%.

The French stock market CAC-40 closed at 7,105.00, down 7.29, or -0.10%, the German stock market DAX closed at 16,115.69, down 44.28, or -0.27%, and the FTSE 100 London Stock Exchange closed at 7,255.46, up 31.89, or +0.44%

— London stocks closed higher on Monday (Nov 22), recovering after four straight days of losses, while mining and telecoms stocks continued to decline. Rise in response to merger news

The FTSE 100 London Stock Exchange closed at 7,255.46, up 31.89, or +0.44%.

— West Texas Intermediate (WTI) New York crude futures closed positive last night (22 November) in response to news reports that. Petroleum Exporting Countries (OPEC) and its allies or OPEC Plus may adjust the production plan If the US and its allies drain oil from reserves

The WTI crude oil contract was delivered in December. It was up 81 cents, or 1%, at $76.75 a barrel.

Brent crude oil contract (BRENT) for delivery in Jan. It was up 81 cents, or 1%, at $79.70 a barrel.

— New York gold futures closed 2.4% lower overnight (Nov. 22), the worst single-day drop since Aug. 6 this year, with gold prices being pressured by Dollar appreciation and a rebound in US Treasury yields After President Joe Biden has announced the nomination of Jerome Powell as the Federal Reserve’s (Fed) chair for a second term.

The COMEX (Commodity Exchange) gold contract will be delivered in December. It was down $45.3, or 2.45%, to close at $1,806.3 an ounce. This is the lowest closing level since Nov. 4, 2021.

Silver metal contract for delivery in December It was down 48.4 cents, or 1.95 percent, at $24.297 an ounce.

Platinum contract delivered in Jan. It fell $20.9, or 2.02%, at $1,015.1 an ounce.

Palladium contract delivered in December It fell $122.60, or 5.9%, to close at $1,950.60 an ounce.

— The US dollar strengthened against major currencies in trading on the New York Stock Exchange last night (Nov. 22) after President Joe Biden has decided to nominate Jerome Powell as the Federal Reserve Chair for a second term.

The dollar index, which measures the dollar’s movements against six major currencies in a basket of currencies, was up 0.52% to 96.5379 overnight.

The US dollar strengthened against the yen at 114.94 yen from 113.95 yen, and strengthened against the Swiss franc to 0.9331 francs from 0.9286 francs. Canadian dollar to $1.2697 Canadian dollar from 1.2660 Canadian dollar.

The euro was lower against the dollar to $1.1233 from $1.1289, while the pound fell to $1.3385 from $1.3446, and the Australian dollar was lower to $0.7225 from $0.7235.

The DJIA New York Stock Exchange closed at 35,619.25, up 17.27, +0.05%.

The New York Stock Exchange S&P500 closed at 4,682.94, down 15.02, -0.32%.

The NASDAQ New York Stock Exchange closed at 15,854.76, down 202.68, -1.26%.

The FTSE 100 London Stock Exchange closed at 7,255.46, up 31.89, +0.44%.

The French stock market CAC-40 index closed at 7,105.00, down 7.29, -0.10%.

The German stock market DAX index closed at 16,115.69, down 44.28, -0.27%.

Indian stock market SENSEX index closed at 58,465.89, down 1,170.12, -1.96%.

The Jakarta Composite Index closed at 6,723.39, up 3.12, +0.05%.

The FBMKLCI index, the Malaysian stock market closed at 1,526.87 points, up 1.33 points, +0.09%.

The Philippines PSE Composite index closed at 7,282.67, up 2.10, +0.03%.

The FTSE STI index in Singapore closed at 3,237.08, up 4.74, +0.15%.

The HSI index in Hong Kong closed at 24,951.34, down 98.63, -0.39%.

The SSE Composite Index closed at 3,582.08 points, up 21.71 points, +0.61%.

The TAIEX index of Taiwan stocks closed at 17,803.54, down 14.77, -0.08%.

The KOSPI index closed at 3,013.25, up 42.23, +1.42%.

The NIKKEI 225 Japanese stock market closed at 29,774.11, up 28.24, +0.10%.

The S&P/ASX 200 Australian stock market closed at 7,353.10, down 43.40, -0.59%.

The ALL ORDINARIES Australian stock market closed at 7,688.30, down 41.60, -0.54%.


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