Asia Markets Mixed, Europe Gain While Crude Oil and Gold Fall Below Key Levels - Global Markets Today While US Slept
Portfolio Pulse from Akanksha Bakshi
U.S. stock markets closed higher, influenced by the Federal Reserve's dovish rate guidance and mixed earnings. The Nasdaq benefited from Qualcomm's strong quarterly results, while the S&P 500 and Dow Jones also saw gains. Asian markets were mixed, with Australia's index up and India's down. European markets gained, and commodities saw mixed movements with crude oil and gold falling below key levels.
May 03, 2024 | 10:37 am
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Qualcomm reported quarterly sales and profits that exceeded analyst expectations, contributing to the Nasdaq's rise.
Qualcomm's better-than-expected quarterly results directly contributed to the Nasdaq's performance, indicating a positive short-term impact on its stock price due to increased investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100