Newsletter

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

Stock market indices and conditions, oil, gold and foreign exchange markets as of March 9, 2023.

– The New York Dow Jones Stock Exchange closed up more than 500 points on Thursday (March 9), as the market was pressured by plunging bank stocks. Including concerns that US labor data will be released today. It can push the Federal Reserve (Fed) to accelerate interest rates.

The Dow Jones Industrial Average closed at 32,254.86 points, down 543.54 points or -1.66%, the S&P 500 closed at 3,918.32 points, down 73.69 points or -1.85%, and the Nasdaq Index closed at 11,338.75, or down 11,338.75%.

– European stock markets closed lower on Thursday (March 9), led by real estate stocks. This is because investors are increasingly worried about the likelihood that interest rates will continue to rise for a long time.

The STOXX 600 index closed at 459.98 points, down 1.01 points, or -0.22%.

France’s CAC-40 stock market index closed at 7,315.88 points, down 8.88 points or -0.12%, Germany’s DAX stock market index closed at 15,633.21 points, up 1.34 points or +0.01% and the London Stock Exchange’s FTSE 100 index closed at 7,879 . points, down 49.94 points or -0.63%

– The London stock market closed lower on Thursday (March 9) as investors worried about the possibility of rising interest rates in the United States. Although mining stocks are leading the market down. After metal prices fell under pressure from a stronger dollar.

The London Stock Exchange FTSE 100 closed at 7,879.98 points, down 49.94 points or -0.63%.

– New York’s West Texas Crude Oil (WTI) market closed at a two-week low on Thursday (March 9) and closed in negative territory for the third day in a row as traders Investors remain concerned that the US Federal Reserve’s aggressive interest in hikes rate hurts the economy and demand for oil.

The WTI crude oil contract will be introduced in April. They were down 94 cents, or 1.2%, at $75.72 a barrel. This is the lowest close since February 27 this year.

The Brent crude oil contract (BRENT) will be introduced in May. It was down $1.07, or 1.3%, at $81.59/barrel. This is the lowest close since February 22 this year.

– New York gold futures closed higher on Thursday (March 9), supported by a weak dollar. While investors keep an eye on the US nonfarm payrolls release today.

The COMEX (Commodity Exchange) gold contract is introduced in April. up $16, or 0.88%, to close at $1,834.60/oz.

Silver metal contracts for delivery in March. rose 1.40 cents, or 0.07%, to settle at $20.165/ounce.

The platinum contract was achieved in April. up $8.70, or 0.92%, to close at $949.30/oz.

The palladium contract will be delivered in June. it rose $12.60, or 0.9%, to close at $1,374.70/ounce.

– The US dollar weakened against major currencies in trading on the New York Stock Exchange on Thursday (March 9) after the US released higher-than-expected jobless claims. This may be a factor that slows down interest rate hikes by the US Federal Reserve (Fed).

The dollar index, which measures the greenback against a basket of six major currencies, was down 0.34 percent at 105.3021.

The dollar was weaker against the yen at 136.16 yen from 137.21 yen and against the Swiss franc at 0.9358 francs from 0.9411.

However, the dollar was stronger against the Canadian dollar at C$1.3823 from C$1.3799. And is valued against the Swedish krona at 10.7310 Swedish krona from 10.7174 Swedish krona.

The euro was higher against the dollar at $1.0577 from $1.0546, while the pound was higher at $1.1911 from $1.1841.

The New York Stock Exchange DJIA index closed at 32,254.86 points, down 543.54 points, -1.66%.

The New York Stock Exchange S&P500 closed at 3,918.32 points, down 73.69 points, -1.85%.

The NASDAQ index of the New York Stock Exchange closed at 11,338.35 points, down 237.65 points, -2.05%.

The French CAC-40 stock market index closed at 7,315.88 points, down 8.88 points, -0.12%.

The German DAX stock market index closed at 15,633.21 points, up 1.34 points, +0.01%.

The London Stock Exchange FTSE 100 closed at 7,879.98 points, down 49.94 points, -0.63%.

Australia’s S&P/ASX 200 Index closed at 7,311.10 points, up 3.30 points, +0.05%.

The ALL COMMON index of the Australian stock market closed at 7,514.40 points, up 10.50 points, +0.14%.

The Japanese stock market index NIKKEI 225 closed at 28,623.15 points, up 178.96 points, +0.63%.

The KOSPI index of the South Korean stock market closed at 2,419.09 points, down 12.82 points, -0.53%.

The Taiwan TAIEX stock market index closed at 15,770.66 points, down 47.54 points, -0.30%.

The SSE Composite index of the Chinese stock market closed at 3,276.09 points, down 7.15 points, -0.22%.

The Hong Kong stock market HSI index closed at 19,925.74 points, down 125.51 points, -0.63%.

The SENSEX index of the Indian stock market closed at 59,806.28 points, down 541.81 points, -0.90%.

Indonesia’s Jakarta Composite Index closed at 6,799.80 points, up 23.43 points, +0.35%.

The Philippine Stock Exchange PSE Composite Index closed at 6,609.27 points, down 102.22 points, -1.52%.

Malaysia’s FMKLCI stock market index closed at 1,449.53 points, down 5.13 points, -0.35%.

The FTSE STI Stock Exchange of Singapore closed at 3,214.51 points, down 12.35 points, -0.38%.