European shares closed lower on Tuesday, dragged down by concerns about the budget deficit in Italy, while London markets were lifted by gains for mining shares. The pan-region STOXX 600 is down 0.22%. The CAC 40 is down 0.44% while Germany's DAX is off 0.37% and London's FTSE 100 is lower by 0.12%.
Major U.S. stock indexes fell Tuesday, as the dimming likelihood of an imminent trade deal upended earlier gains and sent investors seeking less risky assets like U.S. government bonds. The Dow Jones Industrial Average fell 237.92 points, or 0.93%, to 25,347.77, the S&P 500 lost 23.8 points, or 0.84%, to 2,802.26 and the Nasdaq Composite dropped 29.66 points, or 0.39%, to 7,607.35. The S&P 500 and Nasdaq traded higher earlier in the session. The major indexes slid to their session lows in the last hour of trading.
Oil prices climbed Tuesday, extending a Friday rebound following a long weekend for Memorial Day, with analysts weighing Friday data showing a drop in the number of rigs drilling for oil in the U.S. and escalating U.S.-Iran tensions. West Texas Intermediate futures, the U.S. oil-price benchmark, climbed 0.9% to $59.14 a barrel on the New York Mercantile Exchange.Meanwhile, Brent crude futures were largely flat at $70.11 a barrel, after repeatedly veering above and below the $70-mark.
Stocks in Asia set to decline today following overnight Wall Street drop.
Stocks in Asia dropped after an afternoon sell-off on Wall Street as investors gauge the warning signals flashing in the bond market, where sovereign yields have slumped to multi-year lows. . The Shanghai Composite is off 0.30% while the Hang Seng is down 0.45%. The Nikkei 225 is off 1.13%. The Kospi is down 1.36%. Th ASX 200 has lost 0.80%.
The SGX Nifty Futures in Singapore Exchange is down 17.00 points or 0.14% at 11,912.00
Our Markets are likely to open flat to negtive bias on today tracking negative trend seen in other Global and Asian stocks.
Asian markets mostly closed lower today, following losses on Wall Street as the trade war between the U.S. and China showed no signs of thawing. The Shanghai Composite gained 0.16%, while the Nikkei 225 led the Hang Seng lower. They fell 1.21% and 0.57% respectively. The Kospi is down 1.25%. The ASX 200 is off 0.69%
European markets are tradig sharply lower today amid US-China trade tensions. The shares in France off the most. The CAC 40 is down 1.79% while Germany's DAX is off 1.29% and London's FTSE 100 is lower by 1.33%. The Pan European STOXX 600 has fallen 1.34%.
U.S. Stock Index Futures are sharply lower Wednesday morning, as ongoing trade tensions fueled worries about global growth outlook. At around 05:17 a.m. ET, Dow futures slipped 165 points, indicating a negative open of more than 141.77 points. Futures on the S&P and Nasdaq are both seen lower by 18.00 and 65.50 points respectively.
Today Stocks extended a retreat globally together with U.S. equity futures while bonds rallied as investors drove yields down to multi-year lows in a fresh wave of risk aversion. Gold climbed with the yen.
U.S. Stock futres are pointing lower on Wednesday after a rough start to the week. At 0.09 am ET the Dow is down 175 points, or 0.69%. The Nasdaq drop 0.77% and the S&P 500 fall 0.60%.