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Asia And European Markets Dip, Crude Falls 1% While Gold Trades Above $2,400 - Global Markets Today While US Slept
On Friday, May 20th, U.S. stock markets closed mixed, with the Nasdaq reaching a record high and the S&P 500 rising slightly as technology stocks surged ahead of Nvidia’s earnings and speculation on a potential Federal Reserve rate cut.
The S&P 500 technology sector led gains among the 11 major S&P sectors, driven by chipmakers like Nvidia, while consumer staples, discretionary, and financial astocks recorded the biggest losses.
The Dow Jones Industrial Average was down 0.49% and closed at 39,806.77. The S&P 500 gained 0.09%, ending the day at 5,308.13, while the Nasdaq Composite rose 0.65%, finishing the session at 16,794.87.
Asia Markets Today
On Tuesday, Japan’s Nikkei 225 declined 0.35%, ending the session at 38,953.50. This reversed ...