Indices and stock market conditions, oil, gold and foreign money markets on 6 Jan 2022
— The Dow New York Stock Exchange ended lower on Thursday (Jan 6) as investors continued to worry that the Federal Reserve might raise interest rates sooner than expected. Such concerns have dragged tech stocks down steadily. However, the Fed’s signal of a rate hike boosted banking stocks, a business that relies on interest-rate gains. Energy stocks rebounded after WTI oil prices surged past $80.
The Dow Jones Industrial Average closed at 36,236.47, down 170.64, or -0.47%, the S&P500 closed at 4,696.05, down 4.53, or -0.10%, and the Nasdaq closed at 15,080.86, down 19.31, or -0.13%.
— European stocks closed lower on Thursday (Jan 6) led by technology stocks. After the release of the minutes of the December meeting of the Federal Reserve (Fed) indicates the trend of rising interest rates.
The Stoxx Europe 600 Index closed at 488.16, down 6.19, or -1.25%.
The French CAC-40 index closed at 7,249.66, down 126.71, or -1.72%, the German stock market DAX closed at 16,052.03, down 219.72, or -1.35%, and the FTSE 100 in London closed at 7,450.37, down 66.50, or -0.88%
— London stocks closed lower on Thursday (Jan 6) with a downward trend in global stock markets. After minutes of the US Federal Reserve’s December meeting indicated that the Fed would raise interest rates to curb high inflation.
The FTSE 100 London Stock Exchange closed at 7,450.37, down 66.50, or -0.88%.
— New York West Texas Intermediate (WTI) crude futures ended higher for a fourth day on Thursday (Jan 6) on the back of unrest in Kazakhstan. is a member of the OPEC Plus group Including reports of lower oil production in Libya.
The WTI crude oil contract was delivered in February. It was up $1.61, or 2.1%, at $79.46 a barrel. This is the highest closing level since Nov 16, 2021.
The Brent crude oil contract (BRENT) will be delivered in March. It was up $1.19, or 1.5%, to close at $81.99 a barrel. This is the highest closing level since Nov 25, 2021.
— New York gold futures closed sharply lower on Thursday (Jan 6) pressured by the dollar’s appreciation. and the rise in US government bond yields After the Federal Reserve (Fed) released the minutes of the December meeting. which indicates that the Fed may raise interest rates sooner than expected and will begin to reduce the size of the balance sheet
The COMEX (Commodity Exchange) gold contract will be delivered in February. It fell $35.9, or 1.97 percent, at $1,789.2 an ounce.
Silver metal contract delivered in March It was down 98 cents, or 4.23 percent, at $22.19 an ounce.
The platinum contract will be delivered in April. It fell $41.2, or 4.11%, at $960.7/ounce.
Palladium contract delivered in March It was down $28.70, or 1.5%, at $1,873.90 an ounce.
— The US Dollar strengthened against the Euro and Pound currencies. In trading on the New York Stock Exchange on Thursday (Jan. 6) after minutes of the Federal Reserve’s December meeting pointed out that the Fed may raise interest rates sooner than expected. While investors keep an eye on the US non-farm payrolls figures for December, which are scheduled to be released on Friday.
The dollar index, which measures the dollar’s movements against six major currencies in a basket of currencies, was up 0.16% to 96.3169 overnight.
The US dollar was higher against the Swiss franc to 0.9223 francs from 0.9173 francs, but was weaker against the yen to 115.93 from 116.13 and was weaker against the Canadian dollar at 115.93 yen. Level 1.2728 Canadian Dollar from 1.2755 Canadian Dollar level.
The euro was lower against the dollar to $1.1287 from $1.1312, while the pound was lower to $1.3525 from $1.3560, while the Australian dollar was lower to $0.7165 from $0.7223.
The DJIA New York Stock Exchange closed at 36,236.47, down 170.64, -0.47%.
The S&P500 New York Stock Exchange closed at 4,696.05, down 4.53, -0.10%.
The NASDAQ New York Stock Exchange closed at 15,080.86, down 19.31, -0.13%.
The FTSE 100 London Stock Exchange closed at 7,450.37, down 66.50, -0.88%.
The French stock market CAC-40 index closed at 7,249.66, down 126.71, -1.72%.
The German stock market DAX index closed at 16,052.03, down 219.72, -1.35%.
Indian stock market SENSEX index closed at 59,601.84, down 621.31, -1.03%.
The Jakarta Composite Index closed at 6,653.35, down 8.95, -0.13%.
The Malaysian stock market FBMKLCI closed at 1,533.36, down 14.59, -0.94%.
The PSE Composite index closed at 7,085.52, down 5.88, -0.08%.
The FTSE STI index in Singapore closed at 3,184.30, up 20.86, +0.66%.
The HSI Hong Kong stock market closed at 23,072.86, up 165.61, +0.72%.
The SSE Composite Index closed at 3,586.08, down 9.10, -0.25%.
The TAIEX index of Taiwan stocks closed at 18,367.92, down 132.04, -0.71%.
The KOSPI index closed at 2,920.53, down 33.44, -1.13%.
The NIKKEI 225 Japanese stock market closed at 28,487.87, down 844.29, -2.88%.
The S&P/ASX 200 Australian stock market closed at 7,358.30, down 207.50, -2.74%.
The ALL ORDINARIES Australian stock market closed at 7,679.30, down 220.30, -2.79%.
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