Index and stock market conditions, oil, gold, and foreign currency markets as of 26 Dec. 2023
— The Dow Jones New York Stock Exchange Index closed positive on Tuesday (Dec. 26), supported by expectations that the Federal Reserve (Fed) will begin cutting interest rates as early as March 2018. page
The Dow Jones Industrial Average closed at 37,545.33 points, up 159.36 points or +0.43%, the S&P 500 Index closed at 4,774.75 points, up 20.12 points or +0.42%, and the Nasdaq Index closed at 15,074.57 points, up 81.60 points or +0.54%.
— West Texas crude oil futures (WTI) in New York closed up more than 2% on Tuesday (Dec. 26) after reports that Houthi rebels continued to attack cargo ships in the Red Sea. This may affect oil supply. The market is also supported by hopes that the Federal Reserve (Fed) will start cutting interest rates next year. This will help stimulate the economy and demand for oil.
The WTI crude oil contract will be delivered in February. rose $2.01 or 2.7% to close at $75.57/barrel.
The Brent crude oil contract (BRENT) will be delivered in February. rose $2 or 2.5% to close at $81.07/barrel.
— New York gold futures closed positive on Tuesday (Dec. 26) as the depreciation of the dollar was a factor supporting the market.
The COMEX (Commodity Exchange) gold contract will be delivered in February. Rose 70 cents, or 0.03%, to close at $2,069.80/ounce.
Silver contract for March delivery fell 16.90 cents, or 0.69%, to close at $24.396/ounce.
Platinum contract for delivery in January. Rose $1.90 or 0.19% to close at $995.60/ounce.
Palladium contract for delivery in March. fell $34.30, or 2.8%, to close at $1,189.40/ounce.
— The U.S. dollar weakened against major currencies in trading on the New York Forex Exchange on Tuesday (Dec. 26), with the greenback continuing to weaken. Amid expectations that the US Federal Reserve (Fed) will cut interest rates next year. After the United States revealed lower-than-expected inflation numbers
The dollar index, which measures the dollar’s movement against six major currencies, fell 0.25% to 101.44.
The New York Stock Exchange DJIA index closed at 37,545.33 points, up 159.36 points, +0.43%.
The S&P500 New York Stock Exchange index closed at 4,774.75 points, up 20.12 points, +0.42%.
The NASDAQ New York Stock Exchange index closed at 15,074.57 points, up 81.60 points, +0.54%.
The London Stock Exchange is closed on December 26 for Boxing Day.
The French stock market is closed on December 26 for Boxing Day.
The German stock market is closed on December 26 for Boxing Day.
The Australian stock market is closed on December 26 for Boxing Day.
The Japanese stock market NIKKEI 225 index closed at 33,305.85 points, up 51.82 points, +0.16%.
The KOSPI South Korean stock market index closed at 2,602.59 points, up 3.08 points, +0.12%.
The TAIEX index of the Taiwan stock market closed at 17,751.73 points, up 146.89 points, +0.83%.
The SSE Composite Index of the Chinese stock market closed at 2,898.88 points, down 19.93 points, -0.68%.
The Hong Kong stock market is closed on December 26 for Christmas Day.
The Indian stock market SENSEX index closed at 71,336.80 points, up 229.84 points, +0.32%.
The Indonesian stock market is closed on December 26 for Christmas Day.
The Philippine stock market is closed on Dec. 26 for Christmas Day.
FBMKLCI Malaysian stock market index closed at 1,450.78 points, down 3.60 points, -0.25%.
The FTSE STI Singapore Stock Exchange Index closed at 3,139.98 points, down 0.34 points, -0.01%.
2023-12-27 00:25:46
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