Nasdaq notches record close backed by technology stocks

16/12/2024 Argaam Exclusive

US stock indexes rallied on Monday, but gains were offset by higher treasury yields as economic growth accelerated in December to hit a record performance since March 2022.

International Market

Name
 
Price
Change (value)
Change (%)
DOW JONES
43,717.48
(110.58)
(0.25 %)
NASDAQ
20,173.89
247.17
1.24 %
S&P 500
6,074.08
22.99
0.38 %
Frankfurt
20,313.81
(92.11)
(0.45 %)
Paris
7,357.08
(52.49)
(0.71 %)
FTSE 100
8,262.10
(38.20)
(0.46 %)
Hong Kong
19,795.49
(175.75)
(0.88 %)
Tokyo
39,457.49
(12.95)
(0.03 %)
India
81,748.57
(384.55)
(0.47 %)
Details
The Dow Jones Industrial Average edged down 0.25%, or 110 points, to 43,717 points, extending losses for the eighth straight session. Meanwhile, the S&P 500 Index increased 0.4%, or 22 points, to 6,074 points, and the Nasdaq Composite advanced about 1.25%, or 247 points, to 20,173 points.
Shares of Apple, tesla and Broadcom Inc. ended at record highs, adding 1.15%, 6.15% and 11.2% to $251.04, $463.02 and $250, respectively.
 
As for the European indices, STOXX Europe 600 fell 0.1% to 515.8 points, as most sectors closed in the negative territory.
FTSE 100 retreated 0.45% to 8,262 points. DAX 40 inched down nearly 0.45% to 20,313 points, and CAC 40 decreased 0.7% to 7,357 points.
In Japan, Nikkei 225 remained unchanged at 39,457 points. TOPIX fell 0.30% to 2,738 points.
Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
73.91
(0.44)
(0.59 %)
Nymex
70.71
(0.58)
(0.81 %)
Gold
2,670.00
(49.70)
(1.83 %)

In the oil market, futures contracts for Brent crude for February 2025 delivery fell 0.8%, or $0.58 at $73.91 per barrel.

 

Meanwhile, prices of West Texas Intermediate (WTI) crude oil for January delivery dropped 0.8%, or $0.58 to $70.71 per barrel.

 

As for gold, futures prices for the yellow metal for February delivery inched down 0.2%, or $5.8 to $2,670 per ounce.

 

The headline S&P Global Flash US PMI Composite Output Index rose from 54.9 in November to 56.6 in December, signaling the fastest expansion of business activity since March 2022.

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" ($)
-
-
-
المزيد

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