Global Markets: Summary of stock, oil, gold and foreign exchange markets.

InfoQuest News Agency (03 October 2023)

Positions of indices, stock markets, oil, gold and foreign exchange markets as of October 2, 2023

— The New York Stock Exchange’s Dow Jones index closed negative on Monday (October 2), with the market still under pressure due to the possibility of the Federal Reserve keeping interest rates high for an extended period to stem inflation. While investors are watching US labor data this week. This includes non-farm employment numbers for September.

The Dow Jones Industrial Average closed at 33,433.35 points, down 74.15 points, or -0.22%, the S&P 500 index closed at 4,288.39 points, up 0.34 points, or +0.01%, and the Nasdaq index closed at 13,307.77 points, up 88.45 points, or +0.67%. .

— European stock markets closed negative on Monday (October 2), pressured by rising bond yields. Data indicate that manufacturing activity in the euro area is still in a downward trend.

The STOXX 600 index closed at 445.59 points, down 4.63 points, or -1.03%.

The CAC-40 index of French stocks closed at 7,068.16 points, down 66.90 points, or -0.94%, and the DAX index of German stocks closed at 15,247.21 points, down 139.37 points, or -0.91%. The London Stock Exchange FTSE 100 index closed at 7,510.72 points, down 97.36 points, or -1.28%.

— The London Stock Exchange closed negative on Monday (October 2), as rising bond yields put pressure on the market.

The London Stock Exchange FTSE 100 index closed at 7,510.72 points, down 97.36 points, or -1.28%.

– The New York market for West Texas Intermediate (WTI) crude futures closed more than 2% lower on Monday (October 2), with the market under pressure due to a stronger dollar. In addition, the market also received negative factors from concerns about rising crude oil supplies. And high interest rate conditions that may affect demand for oil

The WTI contract is scheduled for delivery in November. The price of oil fell by $1.97, or 2.2%, to close at $88.82 per barrel. It is the lowest closing level since September 13, 2023

As for the Brent crude contract, which was delivered in December. The price of oil fell by $1.49, or 1.6%, to close at $90.71 per barrel. It is the lowest closing level since September 11, 2023

Gold futures in New York closed lower on Monday (October 2), closing in negative territory for the sixth day in a row, as the strength of the dollar and concerns about rising interest rates continue to pressure the gold market.

The COMEX (commodity exchange) gold contract will be delivered in December. The price of futures contracts for an ounce fell by US$18.90, or 1.01%, to close at US$1,847.20 per ounce. This is the lowest closing level since March 9, 2023.

Silver necklace for delivery in December. The price of gold fell by $1,029, or 4.58%, to close at $21,421 per ounce.

Platinum contract for delivery in January. The price of gold fell $29.10, or 3.18%, to close at $886.80 per ounce.

Palladium contract for delivery in December. The price of futures contracts per ounce fell by $50.10, or 3.99%, to close at $1,205.90 per ounce.

— The US dollar rose against major currencies in trading on the New York Forex Exchange on Monday (October 2), supported by expectations of the Federal Reserve (Fed) to keep interest rates steady at high levels for an extended period to stem inflation.

The dollar index, which measures the US currency against six major currencies, rose 0.74% to 106.903.

The Dow Jones Industrial Average closed on the New York Stock Exchange at 33,433.35 points, down 74.15 points, or -0.22%.

The Standard & Poor’s 500 index closed on the New York Stock Exchange at 4,288.39 points, up 0.34 points, or +0.001%.

The Nasdaq index of the New York Stock Exchange closed at 13,307.77 points, up 88.45 points, or +0.67%.

The London Stock Exchange FTSE 100 index closed at 7,510.72 points, down 97.36 points, or -1.28%.

The French Stock Exchange CAC-40 index closed at 7,068.16 points, down 66.90 points, or -0.94%.

The German DAX stock market index closed at 15,247.21 points, down 139.37 points, or -0.91%.

The S&P/ASX 200 Australian shares index closed at 7,033.20 points, down 15.40 points, -0.22%.

The Australian stock market index, ALL ORDINARIES, closed at 7235.50 points, down 14.20 points, or -0.20%.

The Japanese stock market index, NIKKEI 225, closed at 31,759.88 points, down 97.74 points, or -0.31%.

The South Korean stock market was closed yesterday (October 2) due to a public holiday.

The TAIEX index on the Taiwan Stock Exchange closed at 16,557.31 points, up 203.57 points, +1.24%.

The Chinese stock market was closed yesterday (October 2) for National Day.

The Hong Kong stock market was closed yesterday (October 2) for National Day.

Indian stock markets were closed yesterday (October 2) on the occasion of Gandhi Jayanti Day.

The Jakarta Composite Index of the Indonesian Stock Exchange closed at 6,961.46 points, up 21.57 points, or +0.31%.

The Philippine Stock Market PSE Composite Index closed at 6,304.53 points, down 16.71 points, or -0.26%.

The Malaysian Stock Market Index FBMKLCI closed at 1,418.76 points, down 5.41 points, or -0.38%.

The FTSE STI index on the Singapore Stock Exchange closed at 3,208.86 points, down 8.55 points, -0.27%.

By Kanlayani Chiwapanich/Ratana Vungtawesh