Asian Markets Close Lower, European Markets Trade In Red While Commodities Gain - Global Markets Today While US Was Sleeping
Portfolio Pulse from Akanksha Bakshi
On September 7, US markets ended mixed due to concerns about the Federal Reserve possibly maintaining high interest rates. The Dow Jones gained 0.17%, while the S&P 500 and Nasdaq dipped 0.32% and 0.89% respectively. Asian markets declined due to weak economic data from Japan and concerns about higher US interest rates. European markets also traded in red, with the STOXX 600, DAX, and CAC 40 all declining. Commodities gained, with crude oil, natural gas, gold, and silver all trading higher.
September 08, 2023 | 10:29 am
News sentiment analysis
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POSITIVE IMPACT
Gold, tracked by GLD, was trading higher by 0.33%.
Gold, which is tracked by GLD, was trading higher. This could positively impact the performance of GLD in the short term.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
The S&P 500, tracked by SPY, dipped 0.32% due to concerns about the Federal Reserve possibly maintaining high interest rates.
The S&P 500, which is tracked by SPY, dipped due to concerns about the Federal Reserve possibly maintaining high interest rates. This could impact the performance of SPY in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100