Indices and stock market conditions, oil, gold and foreign money markets on September 27, 2021
— The Dow New York Stock Exchange ended higher on Wednesday (Sept. 27), boosted by buying in stocks that benefited from the economic reopening. After it was reported that the number of people infected with COVID-19 Daily in the US slowed down. and US durable goods orders rose more than expected in August. However, the Nasdaq and S&P500 closed in negative territory as the surge in US bond yields dragged down tech stocks which are more sensitive to interest rates.
The Dow Jones Industrial Average closed at 34,869.37 points, up 71.37 points, or +0.21%. The S&P 500 closed at 4,443.11, down 12.37 points, or -0.28%. The Nasdaq closed at 14,969.97, down 77.73, or -0.52%.
— European stock markets closed slightly lower overnight (Sept. 27) as tech stocks declined. This overshadowed the rise in banking and energy stocks. But German stock markets rose to their highest level in 10 days after election results cut down on the prospect of forming a left-wing coalition.
The Stoxx Europe 600 Index closed at 462.42, down 0.87, or -0.19%.
The French stock market CAC-40 index closed at 6,650.91, up 12.45, or +0.19%, the German stock market DAX closed at 15,573.88, up 42.13, or +0.27%, and the FTSE 100 in London closed at 7,063.40, up 11.92, or +0.17%
— London stocks closed higher overnight (Sept. 27), helped by gains in energy and banking stocks. While the rally in Rolls-Royce shares helped support the market upside.
The FTSE 100 London Stock Exchange closed at 7,063.40, up 11.92, or 0.17%.
— New York West Texas Intermediate Crude Oil (WTI) ended up hitting its highest level in nearly three years last night (Sept. 27), in response to forecasts. Oil demand will soar as the economy shows signs of recovery. As investors keep an eye on the US crude stocks report tomorrow. including meetings of the Petroleum Exporting Countries (OPEC) and its allies or OPEC Plus on October 4
WTI crude oil contract for delivery in November It was up $1.47 or 2% to close at $75.45 a barrel. This is the highest closing level since October. 2018
Brent crude oil contract (BRENT) for delivery in November It was up $1.44, or 1.8%, to close at $79.53 a barrel. This is the highest closing level since October. 2018
— New York gold futures closed slightly higher overnight (Sept. 27) as the dollar’s appreciation and rising US Treasury yields put pressure on the market.
The COMEX (Commodity Exchange) gold contract will be delivered in December. It was up 30 cents, or 0.02%, at $1,752 an ounce.
Silver metal contract for delivery in December It was up 26.9 cents, or 1.2 percent, at $22.694 an ounce.
Platinum contract delivered in Oct. It was up $1.7 or 0.17% to close at $981.6/ounce.
Palladium contract delivered in December It was down $3.40, or 0.2%, at $1,947.70 an ounce.
— The U.S. dollar strengthened against major currencies in trading at the New York Stock Exchange overnight (Sept. 27), boosted by a surge in US Treasury yields. While investors are keeping an eye on US Federal Reserve Chairman Jerome Powell and US Treasury Secretary Janet Yellen. Which is scheduled to give a statement to Congress today.
The dollar index, which measures the dollar’s movements against six major currencies in a basket of currencies, rose 0.06% to 93.3812 overnight.
The US dollar strengthened against the yen to 111.01 yen from 110.78 yen and was stronger against the Swiss franc to 0.9259 from 0.9250 francs. Canadian dollar to $1.2622 Canadian dollar from 1.2660 Canadian dollar.
The euro was lower against the dollar to $1.1698 from $1.1716, while the pound rose to $1.3708 from $1.3660, and the Australian dollar rose to $0.7286 from $0.7256.
The DJIA New York Stock Exchange closed at 34,869.37, up 71.37, +0.21%.
The S&P500 New York Stock Exchange closed at 4,443.11, down 12.37, -0.28%.
The NASDAQ New York Stock Exchange closed at 14,969.97, down 77.73, -0.52%.
The FTSE 100 London Stock Exchange closed at 7,063.40, up 11.92, +0.17%.
The French stock market CAC-40 index closed at 6,650.91, up 12.45, +0.19%.
The German stock market DAX index closed at 15,573.88 points, up 42.13 points, +0.27%.
Indian stock market SENSEX index closed at 60,077.88 points, up 29.41 points, +0.05%.
The Jakarta Composite Index closed at 6,122.50 -22.32 points, -0.36%.
FBMKLCI Malaysia stock market closed at 1533.05 points, up 0.99 points, +0.06%.
The Philippines PSE Composite index closed at 6,956.26, up 4.73, +0.07%.
The FTSE STI Index, Singapore shares closed at 3,100.30, up 38.95, +1.27%.
The HSI Hong Kong stock market closed at 24,208.78, up 16.62, +0.07%.
The SSE Composite index closed at 3,582.83, down 30.24, -0.84%.
The TAIEX index of Taiwan stocks closed at 17,313.77 points, up 53.58 points, +0.31%.
The KOSPI index closed at 3,133.64, up 8.40, +0.27%.
The NIKKEI 225 Japanese stock market closed at 30,240.06, down 8.75, -0.03%.
The S&P/ASX 200 Australian stock market closed at 7,384.20, up 41.60, +0.57%.
ALL ORDINARIES Australian stock markets closed at 7,690.70, up 41.40, +0.54%.