US stock indices in red as Treasury note yields drop

18/11/2024 Argaam Exclusive

Most US stock indices ended in negative territory on Nov. 18 as the 10-year Treasury note yields fell to the lowest level in two weeks.

International Market

The Dow Jones Industrial Average edged down nearly 0.15%, or 55 points, to 43,389 points.

 

The S&P 500 Index added around 0.4%, or 23 points, to reach 5,893 points.

 

Nasdaq Composite gained 0.6%, or 111 points, ending at 18,791.

 

As for the European indices, STOXX Europe 600 remained unchanged at 502.8 points.

 

Meanwhile, DAX 40 closed 0.1% down at 19,189 points. FTSE 100 rose 0.55% to 8,109 points, while CAC 40 also eked out a small gain of 0.1% to 7,278 points.

 

In Japan, Nikkei 225 dropped 1.1% to 38,220 points. TOPIX eased 0.75% at 2,691 points.

In the oil market, Brent crude futures for January 2025 delivery rose 3.2%, or $2.26, to $73.30 a barrel, the highest level in six sessions.

 

Meanwhile, WTI crude futures for December delivery jumped 3.2%, or $2.14, to $69.16 a barrel – the highest level since Nov. 8 ($70.38).

 

December gold futures advanced 1.75%, or $44.5, to $2,614.60 per ounce, marking the first rise for the yellow metal since Nov. 7.

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
109.03
7.87
7.82 %
Nymex
111.54
11.42
11.54 %
Natural Gas
2.80
(0.02)
(0.68 %)
Gold
4,672.12
(4.21)
(0.09 %)
Silver
72.81
0.01
0.01 %
High Grade Copper
5.58
(0.06)
(1.12 %)
Iron Ore
107.45
(0.06)
(0.06 %)
Aluminum
3,401.00
(42.25)
(1.23 %)
LEAD
1,934.50
(3.50)
(0.18 %)
Zinc
3,253.50
(30.00)
(0.91 %)
Steel
1,051.00
2.00
0.19 %
Wheat (CBOT)
598.25
0.60
0.10 %
Corn (CBOT)
452.25
(2.00)
(0.44 %)
Coffee (ICEUS)
295.40
(2.40)
(0.80 %)
Whole Milk Powder
3,987.50
112.50
2.82 %
Skim Milk Powder
3,200.00
187.50
5.86 %
Refining margins
21.71
9.36
75.79 %
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.