Newsletter

World Markets: Summary of the stock market, oil, gold

Stock market indices and conditions, oil, gold and foreign exchange markets as of March 6, 2023.

– The New York Dow Jones Stock Exchange closed slightly higher on Monday (March 6), while investors were cautious in trading. Before the Chairman of the Federal Reserve, Jerome Powell, gave a speech to Congress. And the US Department of Labor will release nonfarm payrolls figures for February this week.

The Dow Jones Industrial Average closed at 33,431.44 points, up 40.47 points, or +0.12%, the S&P 500 closed at 4,048.42 points, up 2.78 points, or +0.07%, and the Nasdaq Index closed at 11,675.74, a point down, or 11,675.74 , down , or -7. 0.11%.

– European stock markets closed lower on Monday (March 6), under pressure from European Central Bank (ECB) officials backing the need for further interest rate hikes.

The STOXX 600 index closed at 464.18 points, down 0.08 points or -0.02%.

The CAC-40 index, the French stock market closed at 7,373.21 points, an increase of 25.09 points or +0.34%, the German DAX stock market index closed at 15,653.58 points, an increase of 75.19 points or +0.48% and the FTSE 100 stock market London the market index closed at 7,929.79 points, a decrease of 17.32 points or -0.22%

– The London stock market closed lower on Monday (March 6), weighed down by lower mining stocks. After China, a major metal consuming country, decided to set a lower than expected economic growth target.

The London Stock Exchange FTSE 100 closed at 7,929.79 points, down 17.32 points or -0.22%.

– West Texas Intermediate (WTI) crude futures in New York closed higher on Monday (March 6) after an executive from a major energy company said oil supply in the world market is tight. And expect demand for oil in China to improve.

The WTI crude oil contract will be introduced in April. It was up 78 cents, or 1%, at $80.46 a barrel.

The Brent crude oil contract (BRENT) will be introduced in May. They were up 35 cents, or 0.4%, at $86.18 a barrel.

NEW YORK (Reuters) – New York gold futures closed flat on Monday (March 6) as investors watched Federal Reserve Chairman Jerome Powell, who will address Congress this week. to find a signal indicating the direction of the Fed interest rate

The COMEX (Commodity Exchange) gold contract is introduced in April. closed at $1,854.60/ounce Unchanged from Friday, March 3’s close.

Silver metal contracts for delivery in March. down 10.30 cents, or 0.48%, to settle at $21.135/oz.

The platinum contract was achieved in April. down 80 cents, or 0.08%, to close at $978.60/ounce.

The palladium contract will be delivered in June. It fell $24.50, or 1.7%, to close at $1,424.50/ounce.

– The euro strengthened against the US dollar. In trading on the New York Stock Exchange on Monday (March 6) after European Central Bank (ECB) officials urged the ECB to continue raising interest rates.

The dollar index, which measures the greenback against a basket of six major currencies, was down 0.17 percent at 104.3503.

The euro was higher against the dollar at $1.0675 from $1.0634, while the pound was weaker to $1.2017 from $1.2045.

The dollar was weaker against the Swiss franc at 0.9320 francs from 0.9360 francs, but was stronger against the yen at 136.0300 yen from 135.80 yen.

The greenback also strengthened against the Canadian dollar at C$1.3617 from C$1.3589. And is valued against the Swedish krona at 10.4594 krona from 10.4588 krona.

The New York Stock Exchange DJIA index closed at 33,431.44 points, up 40.47 points, +0.12%.

The New York Stock Exchange S&P500 closed at 4,048.42 points, up 2.78 points, +0.07%.

The New York Stock Exchange NASDAQ closed at 11,675.74 points, down 13.27 points, -0.11%.

The French CAC-40 stock market index closed at 7,373.21 points, up 25.09 points, +0.34%.

The German DAX stock market index closed at 15,653.58 points, up 75.19 points, +0.48%.

The London Stock Exchange FTSE 100 closed at 7,929.79 points, down 17.32 points, -0.22%.

Australia’s S&P/ASX 200 Index closed at 7,328.60 points, up 45.00 points, +0.62%.

The ALL COMMON index of the Australian stock market closed at 7,525.70 points, up 41.70 points, +0.56%.

The Japanese NIKKEI 225 stock market closed at 28,237.78 points, up 310.31 points, +1.11%.

South Korea’s KOSPI stock market index closed at 2,462.62 points, up 30.55 points, +1.26%.

The Taiwan TAIEX stock market index closed at 15,763.51 points, up 155.09 points, +0.99%.

The SSE Composite index, the Chinese stock market, closed at 3,322.03 points, down 6.37 points, -0.19%.

The Hong Kong stock market HSI index closed at 20,603.19 points, up 35.65 points, +0.17%.

The SENSEX index of the Indian stock market closed at 60,224.46 points, up 415.49 points, +0.69%.

Indonesia’s Jakarta Composite Index closed at 6,807.00, down 6.64 points, -0.10%.

The Philippine Stock Exchange PSE Composite Index closed at 6,671.12 points, up 15.75 points, +0.24%.

Malaysia’s FMKLCI stock market index closed at 1,452.68 points, down 0.87 points, -0.06%.

Singapore’s FTSE STI Index closed at 3,239.31 points, up 7.29 points, +0.23%.