Home » Business » Stock Market Conditions, Indices, and Foreign Money Markets as of June 8, 2023

Stock Market Conditions, Indices, and Foreign Money Markets as of June 8, 2023

Indices and stock market conditions, oil, gold and foreign money markets as of 8 June 2023.

— The Dow Jones New York Stock Exchange closed higher on Thursday (June 8) after the US revealed a higher than expected number of applicants for unemployment benefits. which indicates that the US labor market beginning to relieve heat and may be a factor in slowing down interest rate hikes by the US Federal Reserve (Fed).

The Dow Jones Industrial Average closed at 33,833.61 points, up 168.59 points, or +0.50%, the S&P 500 closed at 4,293.93 points, up 26.41 points, or +0.62%, and the Nasdaq closed at 13,238.52 points, up 133.63 points, or +1.02%.

— European stocks closed slightly lower on Thursday (June 8) as interest-sensitive technology stocks and consumer goods sectors tumbled on expectations that Major central banks will continue to raise interest rates. A sharp drop in Vodafone weighed down Telecom stocks as well.

The STOXX 600 index closed at 460.70, down 0.10 points, or -0.02%.

The French stock market CAC-40 index closed at 7,222.15 points, an increase of 19.36 points or +0.27%, the German stock market DAX index closed at 15,989.96 points, an increase of 29.40 points or +0.18% and the FTSE 100 index, the London stock market closed at 7,599.74 points, a decrease of 24.60 points or -0.32%

— London stocks closed lower on Thursday (June 8), pressured by concerns about the prospect of a global interest rate hike. Because the XD posting, which buyers of shares will not receive dividends in the latest round, also weighed down the market.

The FTSE 100 London Stock Exchange closed at 7,599.74 points, down 24.60 points or -0.32%.

— West Texas Intermediate (WTI) crude futures closed in New York on Thursday (June 8) after media reports reported that the United States and Iran were close to reaching a nuclear deal. This will lead to the relaxation of sanctions on Iran. And as a result, Iran can export oil in the market.

WTI crude for July delivery fell $1.24, or 1.7%, to settle at $71.29 a barrel.

Brent crude oil futures (BRENT) for August delivery fell 99 cents, or 1.3%, to settle at $75.96 a barrel.

New York gold futures closed higher on Thursday (June 8), supported by a weak dollar. and expectations that the US Federal Reserve (Fed) will hold interest rates at its meeting later this month. after the US The number of applicants for unemployment benefits is higher than expected. which indicates that the US labor market beginning to relieve heat

The COMEX (Commodity Exchange) gold contract for August delivery rose $ 20.20, or 1.03 percent, to close at $ 1,978.60 / ounce.

Silver contracts for July delivery rose 81.90 cents, or 3.48%, to close at $24.348/ounce.

The platinum contract for July delivery fell $10.70, or 1.04%, to close at $1,013.90/ounce.

The palladium contract for September delivery shed $29.60, or 2.1%, to settle at $1,358.30 an ounce.

— The US dollar depreciated against major currencies. In trading at the New York Foreign Exchange Market on Thursday (June 8) after the United States revealed a higher than expected number of applicants for unemployment benefits. And may cause the US Federal Reserve (Fed) to delay raising interest rates.

The dollar index, which measures the greenback against a basket of six major currencies, was down 0.71 percent at 103.3473.

The dollar was weaker against the yen at 138.9410 yen from 140.0830 on Wednesday (June 7), while the Swiss franc was at 0.8992 from 0.9095. The franc, weakened against the Canadian dollar at 1.3359 Canadian dollars from 1.3371 Canadian dollars. and weakened against the Swedish krona at 10.8011 krona from 10.8915 krona.

The euro was higher against the dollar at $1.0779 from $1.0703, while the pound was higher at $1.2555 from $1.2441.

DJIA New York Stock Exchange index closed at 33,833.61 points, up 168.59 points, +0.50%.

The S&P500 New York Stock Exchange closed at 4,293.93 points, up 26.41 points, +0.62%.

The NASDAQ New York Stock Exchange closed at 13,238.52 points, up 133.63 points, +1.02%.

The FTSE 100 London Stock Exchange closed at 7,599.74 points, down 24.60 points, -0.32%.

French stock market CAC-40 index closed at 7,222.15 points, up 19.36 points, +0.27%.

DAX German stock market index closed at 15,989.96 points, up 29.40 points, +0.18%.

The Australian S&P/ASX 200 Index closed at 7,099.70 points, down 18.30 points, -0.26%.

The Australian stock market ALL ORDINARIES index closed at 7,288.30 points, down 22.10 points, -0.30%.

The Japanese stock market NIKKEI 225 index closed at 31,641.27 points, down 272.47 points, -0.85%.

The South Korean stock market KOSPI index closed at 2,610.85, down 4.75 points, -0.18%.

Taiwan stock market TAIEX index closed at 16,733.69 points, down 188.79 points, -1.12%.

China SSE Composite Index closed at 3,213.59 points, up 15.83 points, +0.49%.

Hong Kong stock market HSI index closed at 19,299.18 points, up 47.18 points, +0.25%.

The Indian stock market SENSEX index closed at 62,848.64 points, down 294.32 points, -0.47%.

Indonesia’s Jakarta Composite Index closed at 6,666.33 points, up 46.58 points, +0.70%.

The Philippine Stock Exchange PSE Composite Index closed at 6,539.36 points, down 25.34 points, -0.39%.

FBMKLCI Malaysian stock market index closed at 1,374.64 points, down 4.01 points, -0.29%.

The FTSE STI Singapore Stock Exchange closed at 3,186.61 points, up 7.03 points, +0.22%.

2023-06-09 01:33:00
#Summary #stock #market #conditions #oil #gold #foreign #money #markets

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