Key Indices and Currency Movements for May 21 2024

U.S. Market Performance

The U.S. markets showed mixed performance with modest gains across major indices. The Dow Jones Industrial Average (DJIA) closed at 39,872.99, up by 66.22 points or 0.17%. The NASDAQ Composite (COMP) also saw an increase, closing at 16,832.62, a rise of 37.75 points or 0.22%. The S&P 500 Index (SPX) followed the trend with a 0.25% gain, ending at 5,321.41. However, the Global Dow Realtime (GDOW) slightly dipped by 0.05%, closing at 4,757.23.

In the commodities market, Gold Continuous (GCO) remained relatively stable at $2,425.60, experiencing a minor decline of 0.01%. Crude Oil WTI (CL1) faced a sharper drop, decreasing by 0.93% to $79.06.

European Market Trends

European markets experienced a mixed day with some indices falling into negative territory. The FTSE 100 in the UK slightly decreased by 0.09%, closing at 8,416.45. Germany’s DAX dropped by 0.22% to 18,726.76, while France’s CAC 40 saw a more significant decline of 0.67%, ending at 8,141.46. Italy’s FTSE MIB, however, bucked the trend with a positive performance, rising by 0.91% to 24,603.61. Spain’s IBEX 35 fell by 0.04%, closing at 11,334.90, and the European SXPP index dropped by 0.09%, ending at 522.95.

Asian Market Activity

Asian markets showed a varied performance, with some indices gaining while others fell. The XX:ADOW index slightly increased by 0.03%, closing at 3,986.53. Japan’s Nikkei 225 (JP:NIK) experienced a notable decline of 0.62%, ending at 38,705.55. In contrast, Hong Kong’s Hang Seng Index (HK:HSI) rose by 0.20% to 19,259.10. China’s Shanghai Composite (CN:SHCOMP) saw a significant increase of 1.42%, closing at 3,162.38. India’s IN:1 index dropped by 0.07%, ending at 73,953.31, while Singapore’s STI (SG:STI) decreased by 0.19%, closing at 3,307.90. Australia’s ASX 200 (AUX:JO) rose by 0.33% to 7,877.4, and South Korea’s KOSPI Composite Index saw a 0.21% increase, ending at 2,730.00.

Currency Movements

In the currency markets, the Euro experienced a minor gain of 0.07%, trading at $1.0863. The Japanese Yen also saw a slight increase of 0.04%, trading at ¥156.24. The British Pound rose by 0.08% to $1.2720, and the Australian Dollar appreciated by 0.27%, reaching $0.6684. Conversely, the U.S. Dollar Index (DXY) fell by 0.06% to 104.59, and the WSJ Dollar Index decreased by 0.08%, closing at 99.20.

The global financial markets presented a mixed picture with some indices and commodities gaining while others declined. The U.S. and Asian markets had pockets of strength, whereas European markets mostly faced downward pressures. In the currency markets, the Euro and other major currencies gained modestly against the U.S. Dollar. As always, investors are advised to keep a close watch on market trends and geopolitical developments that could impact future performance.

US Markets Data

Europe Markets Data

Asia Markets Data

Currencies Data