Indices and stock market conditions, oil, gold and foreign money markets on October 13, 2021
— The Dow New York Stock Exchange closed slightly lower overnight (Oct 13) after falling more than 100 initially due to US inflation. That surged more than expected in September, while the Nasdaq closed up on strong buying in technology and communications stocks.
The Dow Jones Industrial Average closed at 34,377.81, down 0.53, or -0.00%. The S&P500 closed at 4,363.80, up 13.15, or +0.30%. The Nasdaq closed at 14,571.64, up 105.71, or +0.73%.
— European stock markets closed positive overnight (Oct 13), boosted by positive earnings expectations. and the disclosure of strong earnings of European listed companies. This has helped allay concerns about inflation.
The Stoxx Europe 600 Index closed at 460.39, up 3.18, or +0.70%.
The French stock market CAC-40 closed at 6,597.38, up 49.27, or +0.75%, the German stock market DAX closed at 15,249.38, up 102.51, or +0.68%, and the FTSE 100 London Stock Exchange closed at 7,141.82, up 11.59, or +0.16%
— London stocks closed positive overnight (Oct. 13), boosted by strong earnings releases at British listed companies. But concerns about the Bank of England (BoE) raising interest rates earlier than scheduled have deterred market gains.
The FTSE 100 London Stock Exchange closed at 7,141.82, up 11.59, or +0.16%.
New York’s West Texas Intermediate (WTI) crude futures ended negative on October 13, after the Organization of the Petroleum Exporting Countries (OPEC) cut global oil demand forecasts this year. While investors keep an eye on the US crude inventories report. which is scheduled to be disclosed today
WTI crude for November delivery was down 20 cents, or 0.3%, at $80.44 a barrel.
Brent crude for December delivery was down 24 cents, or 0.3%, to close at $83.18 a barrel.
— New York gold futures ended higher overnight (Oct. 13) as investors entered gold as a safe haven after the US released higher-than-expected inflation numbers. dollar value and US bond yields that dropped last night
The COMEX (Commodity Exchange) gold contract for December delivery was up $35.4, or 2.01%, to close at $1,794.7 an ounce.
December silver futures were up 65.6 cents, or 2.91 percent, to close at $23.17 an ounce.
The platinum contract for January delivery was up $12.5, or 1.24%, at $1,024.2 an ounce.
The palladium contract for December delivery rose $58.30, or 2.9 percent, to close at $2,106.10 an ounce.
— The US dollar weakened against the major currencies. In trading on the New York Stock Exchange overnight (Oct. 13) after US Treasury yields slowed.
The dollar index, which measures the dollar’s movements against six major currencies in a basket of currencies, fell 0.46% to 94.0877 overnight.
The US dollar was lower against the yen to 113.36 yen from 113.66 yen and against the Swiss franc to 0.9241 franc from 0.9308 francs. Against the Canadian dollar, it stood at 1.2436 CAD from 1.2462 CAD.
The euro was higher against the dollar at $1.1588 from $1.1529, while the pound rose to $1.3641 from $1.3593, while the Australian dollar rose to $0.7374 from $0.7353.
The DJIA New York Stock Exchange closed at 34,377.81, down 0.53, -0.002%.
The New York Stock Exchange S&P500 closed at 4,363.80, up 13.15, +0.30%.
The NASDAQ New York Stock Exchange closed at 14,571.64, up 105.71, +0.73%.
The FTSE 100 London Stock Exchange closed at 7,141.82, up 11.59, +0.16%.
The French stock market CAC-40 index closed at 6,597.38, up 49.27, +0.75%.
The German stock market DAX index closed at 15,249.38, up 102.51, +0.68%.
Indian stock market SENSEX index closed at 60,737.05, up 452.74, +0.75%.
Jakarta Composite Index Indonesia stocks closed at 6,536.90, up 50.64, +0.78%.
The FBMKLCI index, the Malaysian stock market closed at 1600.38, up 16.47, +1.04%.
The PSE Composite index closed at 7,068.92, down 38.90, -0.55%.
The FTSE STI index in Singapore closed at 3,156.42, up 44.37, +1.43%.
The SSE Composite Index closed at 3,561.76 points, up 14.83 points, +0.42%.
The TAIEX index of Taiwan stocks closed at 16,347.99, down 114.85, -0.70%.
The KOSPI index closed at 2,944.41, up 28.03, +0.96%.
The NIKKEI 225 Japanese stock market closed at 28,140.28, down 90.33, -0.32%.
The S&P/ASX 200 Australian stock market closed at 7,272.50, down 8.20, -0.11%.
The ALL ORDINARIES Australian stock market closed at 7,571.90, down 3.70, -0.05%.
Hong Kong stock markets were closed on Tuesday (Oct 13) as Typhoon Kompasu hit.