Dow closes negative Pressure from selling growth stocks, keep an eye on US GDP numbers tomorrow

Indices and stock market conditions, oil, gold and foreign money markets on June 27, 2022

Dow jones new york stock marketIt ended negative on Monday (June 27), with the market pressured by selling growth stocks, which are interest-rate-sensitive stocks. While investors are eyeing the release of gross domestic product (GDP) numbers for the first quarter of the US tomorrow.

The Dow Jones Industrial Average closed at 31,438.26, down 62.42, or -0.20%, the S&P500 closed at 3,900.11, down 11.63, or -0.30%, and the Nasdaq closed at 11,524.55, down 83.07, or -0.72%.

european stock marketIt closed positive on Monday (June 27), hitting a two-week high, supported by gains in mining stocks. And the easing of COVID-19 containment measures in China has boosted the trading environment in global stock markets.

The Stoxx Europe 600 Index closed at 415.09, up 2.16, or +0.52%.

The French stock market CAC-40 index closed at 6,047.31, down 26.04, or -0.43%, the German stock market DAX closed at 13,186.07, down 67.94, or -0.52%, and the FTSE 100 in London closed at 7,258.32, up 49.51, or +0.69%

london stock marketIt closed higher on Monday (June 27) to its highest level in more than a week, helped by easing COVID-19 containment measures in China and the outlook for global investment in infrastructure to boost prices. commodity This has helped support oil and mining stocks to rise.

The FTSE 100 London Stock Exchange closed at 7,258.32, up 49.51, or 0.69%.

West Texas Crude Oil Contract (WTI) New York markets closed positive on Monday (June 27), boosted by forecasts that World oil supplies will face tighter tensions after the G7 countries pledged to impose tougher sanctions on Russia. to extract a source of income for President Vladimir Putin’s war

The WTI crude oil contract was delivered in August. It was up $1.95, or 1.8%, at $109.57 a barrel.

The Brent crude oil contract (BRENT) delivered in August. It was up $1.97, or 1.7%, at $115.09 a barrel.

New York Gold ContractIt closed negative on Monday (June 27) as investors sold gold as a safe haven asset. after the US released strong economic data This includes durable goods orders. In addition, the surge in US Treasury yields is also a factor in the gold market.

The COMEX (Commodity Exchange) gold contract will be delivered in August. It was down $5.5, or 0.3%, at $1,824.8 an ounce.

Silver metal contract for delivery in July It was up 4.30 cents, or 0.2%, at $21.168 an ounce.

Platinum contract delivered in July It was up 40 cents, or 0.04%, at $904.1 an ounce.

Palladium contract delivered in September Up $4.60 or 2.6% to close at $1,858.90 an ounce.

US dollarWeakened against major currencies in trading at the New York Stock Exchange on Monday (June 27) as investors worried that The US economy is likely to enter a recession. After the Federal Reserve (Fed) signaled to raise interest rates stronger to curb inflation.

The dollar index, which measures the dollar’s movements against six major currencies in a basket of currencies, fell 0.24 percent to 103.9390.

The US dollar was lower against the Swiss franc to 0.9563 francs from 0.9589 francs and against the Canadian dollar to $1.2879 from $1.2919 Canadian dollars. But the dollar was higher against the yen at 135.44 yen from 135.23 yen.

The euro was higher against the dollar at $1.0586 from $1.0551, while the pound rose to $1.2277 from $1.2269, while the Australian dollar fell to $0.6923 from $0.6939.

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