European shares retreated on Friday, led by healthcare and media companies, at the end of a third week of gains dominated by signs that the world’s big central banks are on the verge of another round of action to support growth. The markets finished lower today with shares in London leading the region. The FTSE 100 is down 0.16% while France's CAC 40 is off 0.11% and Germany's DAX is lower by 0.13%. The pan-regional STOXX 600 index ended 0.33% lower.
U.S. stocks finished lower on Friday as rising tensions between the United States and Iran slammed the brakes on this week’s run.h. The S&P 500 touched a record high for the second straight session, but retreated into a tight range. The Dow is on track for its best June in eight decades. The S&P 500 index fell 3.72 points, or 0.13%, to 2,950.46, a day after the large-cap index finished at a record. The Dow Jones Industrial Averagelost 34.04 points, or 0.13%, to 26,719.13. The blue-chip index had at one point in the session moved above its closing high set on Oct. 3. The Nasdaq Composite Index shed 19.63 points, or 0.24%, to 8,031.71.
Oil prices built on recent gains on Friday on fears any U.S. military attack on Iran would disrupt flows from the Middle East. Brent futures rose 75 cents, or 1.2%, to settle at $65.20 a barrel, while the most active U.S. West Texas Intermediate (WTI) crude contract ended the session up 36 cents, or 0.6%, at $57.43.
Asian shares are off to a cautious start on today as investors pinned their hopes on any signs of a thaw in Sino-U.S. trade negotiations while oil prices firmed on worries over heightened tensions between the United States and Iran. Except Australia all the markets are tading positive.The Shanghai Composite is up 0.23% while the Hang Seng is up 0.47%. The Nikkei 225 is up 0.09%. The Kospi gain 0.23%. The ASX 200 is down 0.11%.
SGX Nifty Futures in Singapore Exchange is trading 27.00 points or 0.14 % up at 11,771.00
Our Markets are expected to open flat to positive on today tracking mixed trend seen in other Asian markets.
Stock markets in Asia closed higher on today on hopes that U.S. and Chinese leaders will be able to get trade talks back on track this week, while oil prices bounced on political tensions between Tehran and Washington. The Shanghai Composite is up 0.21% while Hong Kong's Hang Seng is up 0.14% and Japan's Nikkei 225 is up 0.13%. The Kospi gain o.03%. The ASX 200 is up 0.22%.
European markets are mostly lower on today as investors continue to monitor geopolitical tensions between the U.S. and Iran stoking fears of a military confrontation in the Middle East. The Pan EuropeanSTOXX 600 is down 0.06%.The FTSE 100 is higher by 0.10%, while the DAX is leading the CAC 40 lower. They are down 0.35% and 0.05% respectively.
U.S. Stock futures are slightly higher Monday morning, as traders monitor geopolitical tensions, in particular between the United States and Iran. At around 05:08 a.m. ET, Dow futures rose 55 points, indicating a positive open of more than 21.87 points. Futures on the S&P and Nasdaq were both seen marginally higher 7.00 and 25.25 points respectively .
Oil prices rose on today, extending vast gains last week prompted by tensions between Iran and the United States, as Washington was set to announce new sanctions on Tehran. Brent futures were up 21cents, or 0.32%, at $65.41a barrel by 10.00 GMT. West Texas Intermediate crude was up 53 cents, or 0.92%, at $57.96 a barrel.