Nasdaq, S&P 500 score record close for 2nd consecutive session

03/12/2024 Argaam Exclusive

US stock indices turned higher during trading on Tuesday, as markets await more economic data on the labor market in the US this week.

International Market

At the close of trading, the Dow Jones Industrial Average fell by 0.15%, or 76 points, to 44,705 points.

 

On the other hand, the S&P 500 rose slightly to 6,049 points, while the Nasdaq Composite closed up by about 0.4%, or 76 points, to 19,480 points. The two benchmarks closed at a record level for the second consecutive session.

 

Looking at European markets, the STOXX Europe 600 gained 0.35% to 515.5 points, as the index continued to rise for the fourth session in a row.

 

The British FTSE climbed 0.55% to 8,359 points, and the German “DAX” increased 0.4% at a record close of 20,016 points. Meanwhile, the French CAC edged up 0.25% to 7,255 points.

 

In Japan, the Nikkei index ended the session up by 1.9%, or 735 points, to 39,248 points, while the broader TOPIX grew 1.45% to 2,753 points.

In the oil market, Brent crude futures for February 2025 delivery added 2.5%, or $1.79, to $73.62 per barrel.

 

Meanwhile, US Nymex crude futures for January 2025 delivery rose 2.7%, or $1.84, to $69.94 per barrel.

 

As for gold, the prices of futures contracts for February 2025 delivery inched up by 0.35%, or $9.4, at $2,667.90 per ounce, after reaching $2,678.40.

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" ($)
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