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Stock Prices Fall on Global Stock Exchanges in August: Wall Street, European and Asian Markets Decline

Stock prices in the world stock exchanges mostly fell on Thursday, ending the month of August, during which the stock price growth was small.

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Wall Street’s Nasdaq Composite rose slightly, avoiding August’s worst month this year, while the Dow Jones Industrial Average and Standard & Poor’s 500 declined.

European bourses were mostly lower, as were Asian bourses, with the exception of Tokyo’s Nikkei 225 index, which rose on stronger investor confidence in manufacturing stocks after strong earnings from automaker Toyota.

The US Federal Reserve System (FRS) and the European Central Bank (ECB) have taken the position that whether or not to raise interest rates further will depend on economic data. New inflation data has therefore become crucial ahead of the September meetings of the two central banks, where monetary policy will be discussed.

The Dow Jones Industrial Average fell 0.5% to 34,721.91 on Thursday, the Standard & Poor’s 500 index fell 0.2% to 4,507.66, while the Nasdaq Composite gained 0.1% to 14,034.97 points.

London’s FTSE 100 fell 0.5% to 7,439.13 on Thursday, Frankfurt’s DAX rose 0.4% to 15,947.08 and Paris’ CAC 40 fell 0.7% to 7,316. 70 points.

WTI crude oil rose 2.5% to $83.63 a barrel in electronic trading on the New York Stock Exchange on Thursday. The price of “Brent” crude oil on the London Stock Exchange increased by 1.2% to 86.86 dollars per barrel.

On the Dutch exchange “Title Transfer Facility” (TTF), the price of natural gas fell by 11.0% to 35.03 euros per megawatt hour on Thursday.

The euro was down from $1.0925 to $1.0844 per euro on Thursday, the British pound was down from $1.2719 to $1.2669 per pound, and the dollar was down from 146.23 against the Japanese yen. to 145.49 yen per dollar. The euro fell against the British pound from 85.87 to 85.56 pence per euro.

2023-09-01 03:06:43
#Stock #prices #world #stock #exchanges #falling

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