The global stock markets experienced a mixed performance on Friday, September 13, 2024. Here’s a quick recap:
Asia-Pacific:
- Nikkei 225: The Nikkei 225 index rose 3.4% to 36,833.27, buoyed by a weaker yen and gains in US stocks.
- Hang Seng: The Hang Seng index closed slightly lower, down 0.08% to 19,440.92.
Europe:
- Stoxx 600: The pan-European Stoxx 600 index gained 0.3% to 460.59.
- FTSE 100: The FTSE 100 index rose 0.2% to 7,645.91.
United States:
- Dow Jones Industrial Average: The Dow Jones Industrial Average fell 287.12 points, or 0.83%, to 34,482.78.
- S&P 500: The S&P 500 index lost 32.92 points, or 0.74%, to 4,431.28.
- Nasdaq Composite: The Nasdaq Composite declined 176.10 points, or 1.23%, to 14,168.66.
Key Factors Affecting Market Sentiment:
- Interest Rate Concerns: Investors remain cautious about the potential impact of rising interest rates on the global economy.
- Geopolitical Tensions: Ongoing geopolitical uncertainties continue to influence market sentiment.
- Economic Data: Key economic indicators released this week, including US inflation data, will be closely watched by investors.
Overall, the global stock markets exhibited a mixed performance, reflecting the ongoing uncertainty about the economic outlook. Investors are expected to continue monitoring developments in the US economy, the Federal Reserve’s monetary policy, and geopolitical events.
