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“Stock Market Update on May 23, 2023: Dow Jones, Oil, Gold & Foreign Money Markets”

Indices and stock market conditions, oil, gold and foreign money markets as of May 23, 2023.

— The Dow Jones New York Stock Exchange closed on Tuesday (May 23), with the market pressured by concerns that the United States may default on its debt if the White House and Congress fail to reach an agreement to extend the debt ceiling. Investors are keeping an eye on the minutes of the Federal Reserve’s May meeting and the US Personal Consumption Expenditure (PCE) price index this week. to find a signal indicating the direction of the Fed interest rate

The Dow Jones Industrial Average closed at 33,055.51 points, down 231.07 points or -0.69%, the S&P 500 closed at 4,145.58 points, down 47.05 points or -1.12%, and the Nasdaq Index closed at 12,560.25 points, down 160.53 points or -1.26%.

— European stocks closed lower on Tuesday (May 23), pressured by falling luxury shares and the release of a disappointing earnings report from wealth management firm Julius Baer. Switzerland While investors continue to keep an eye on the release of eurozone economic data. and the issue of the US debt ceiling

The STOXX 600 index closed at 466.10 points, down 2.81 points or -0.60%.

The French stock market CAC-40 index closed at 7,378.71 points, down 99.45 points or -1.33%, the DAX German stock market index closed at 16,152.86 points, down 71.13 points or -0.44% and the FTSE 100 London stock market index closed at 7,762.95 points, down 8.04 points or -0.10%

— The London stock market closed lower on Tuesday (May 23) as uncertainty over a US debt ceiling deal weighed on market sentiment. While Burberry shares fell along with European luxury shares.

The FTSE 100 London Stock Exchange closed at 7,762.95 points, down 8.04 points or -0.10%.

— West Texas Crude Oil (WTI) New York market closed higher on Tuesday (May 23) in response to increasing demand for gasoline in the United States. Saudi Arabia issued a warning to speculators who sold short in the market.

The WTI crude oil contract is delivered in July. It was up 86 cents, or 1.19%, at $72.91 a barrel.

The Brent crude oil contract (BRENT) is delivered in July. It was up 85 cents, or 1.12%, at $76.84 a barrel.

New York gold futures closed for the second straight day on Tuesday (May 23), as the dollar’s strength and rising US Treasury yields weighed on the market.

The COMEX (Commodity Exchange) gold contract is delivered in June. down $ 2.70, or 0.14%, to close at $ 1,974.50 / ounce.

Silver metal contracts delivered in July. down 23.70 cents, or 0.99%, to close at $23.624/ounce.

The platinum contract was delivered in July. fell $ 19.70, or 1.83%, to close at $ 1,057.60 / ounce.

The palladium contract will be delivered in June. plunged $ 45.50, or 3.1%, to close at $ 1,446.70 / ounce.

— The US dollar strengthened against major currencies in trading on the New York Stock Exchange on Tuesday (May 23) as investors bought the safe-haven dollar. After negotiations to raise the debt ceiling between the White House and Congress have not progressed.

The dollar index, which measures the greenback against a basket of six major currencies, was up 0.28 percent to 103.4864.

The dollar was last against the Swiss franc at 0.9013 francs from 0.8970 francs on Monday (May 22) and against the Swedish krona at 10.6239 kronor. Na from 10.5523 krona, but the dollar weakened against the yen at 138.5240 yen from 138.5500 yen and against the Canadian dollar at 1.3505 from CAD 1.3507.

The euro was weaker against the dollar at $1.0775 from $1.0819, while the pound was weaker to $1.2417 from $1.2442.

The DJIA New York Stock Exchange index closed at 33,055.51 points, down 231.07 points, -0.69%.

The S&P500 New York Stock Exchange closed at 4,145.58 points, down 47.05 points, -1.12%.

The NASDAQ New York Stock Exchange closed at 12,560.25 points, down 160.53 points, -1.26%.

The FTSE 100 London Stock Exchange closed at 7,762.95 points, down 8.04 points, -0.10%.

The French stock market CAC-40 index closed at 7,378.71 points, down 99.45 points, -1.33%.

DAX German stock market index closed at 16,152.86 points, down 71.13 points, -0.44%.

The Australian S&P/ASX 200 Index closed at 7,259.90, down 3.40 points, -0.05%.

The Australian stock market ALL ORDINARIES index closed at 7,447.40 points, down 3.30 points, -0.04%.

The Japanese stock market NIKKEI 225 index closed at 30,957.77 points, down 129.05 points, -0.42%.

The South Korean stock market KOSPI index closed at 2,567.55 points, up 10.47 points, +0.41%.

Taiwan stock market TAIEX index closed at 16,188.03 points, up 7.14 points, +0.04%.

The SSE Composite index of the Chinese stock market closed at 3,246.24 points, down 50.23 points, -1.52%.

Hong Kong stock market HSI index closed at 19,431.25 points, down 246.92 points, -1.25%.

Indian stock market SENSEX index closed at 61,981.79 points, up 18.11 points, +0.03%.

Indonesia’s Jakarta Composite Index closed at 6,736.68 points, up 7.04 points, +0.10%.

The Philippine Stock Exchange PSE Composite Index closed at 6,603.56 points, down 17.27 points, -0.26%.

FBMKLCI Malaysian stock market index closed at 1,411.54 points, down 7.46 points, -0.53%.

The FTSE STI Singapore Stock Exchange closed at 3,218.08 points, up 6.99 points, +0.22%.


2023-05-24 00:08:36
#World #Markets #Summary #stock #market #oil #gold #foreign #currency #markets

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