Major Asian stocks edged up today. Singapore’s Strait Times index surged over 2.1 per cent, South Korea’s Kospi Index as well as Japan’s Nikkei, both gained over 0.8 per cent each, Hong Kong’s Hang Seng index added 0.23 per cent, and China’s Shanghai Composite index rose slightly 0.15 per cent.
Meanwhile, major European indices were also trading with gains. Germany’s DAX advanced over 0.9 per cent, London’s FTSE 100 added almost 0.8 per cent and France’s CAC 40 was trading over 0.2 per cent up, when reports last came in.
Most S&P 500 sectors advanced—real estate, utilities, and consumer staples led—while consumer discretionary lagged. Analysts flagged a potential “death cross” in the S&P 500, signaling possible longer-term weakness.
Most S&P 500 sectors rose Monday, led by real estate, utilities, and consumer staples, while consumer discretionary stocks declined.
- India’s Nifty 50 was up 2.15% at 23,318.00, and the Nifty 500 rose 2.47% at 21,265.70.
- China’s Shanghai Composite rose 0.15% to 3,267.66, and Shanghai Shenzhen CSI 300 increased 0.06% to 3,761.23.
- Hong Kong’s Hang Seng Index gained 0.23% to 21,466.27.
On Tuesday, Japan’s Nikkei 225 rose 0.89% to close at 34,283.50, led by gains in the Real Estate, Banking, and Textile sectors.
Gold prices dipped slightly Tuesday but stayed near record highs as safe-haven demand held firm amid U.S.-China trade war fears. Uncertainty from shifting tariff policies and recession concerns supported bullion despite some risk sentiment from recent exemptions.
- The European STOXX 50 was up 0.78%.
- Germany’s DAX gained 1.48%.
- France’s CAC 40 rose 0.33%.
- U.K.’s FTSE 100 index traded higher by 0.93%.
- Crude Oil WTI was trading lower by 0.57% at $61.18/bbl, and Brent was down 0.55% at $64.52/bbl.
- Oil prices held steady Tuesday as tariff exemptions and higher Chinese imports offset demand cuts from OPEC and IEA amid ongoing trade tensions and Iran concerns.
- Natural Gas rose 0.78% to $3.351.
- Gold was trading higher by 0.39% at $3,238.61, Silver was up 0.41% to $32.298, and Copper fell 0.37% to $4.6080.
- Gold prices dipped slightly Tuesday but stayed near record highs as safe-haven demand held firm amid U.S.-China trade war fears. Uncertainty from shifting tariff policies and recession concerns supported bullion despite some risk sentiment from recent exemptions.
The U.S. Dollar Index declined 0.04% to 99.65, USD/JPY was down 0.08% to 142.84, and USD/AUD slid 0.95% to 1.5751.