Abstract:Analyzing the Latest Shifts in Stocks, Bonds, Commodities, and Forex Markets
Market Summary: A Comprehensive Overview
On Wednesday, U.S. stocks closed in negative territory after encountering an abrupt sell-off in afternoon trading. The Dow Jones Industrial Average fell 475 points (-1.27%) to 37,082, halting a nine-session rally. The S&P 500 dropped 70.02 points (-1.47%) to 4,698, and the Nasdaq 100 slid 257.7 points (-1.53%) to 16,554. |
Stock Market Performance:
Tesla (TSLA): Down 3.92%.
Nvidia (NVDA): Dropped 3.01%.
Amazon.com (AMZN): Lost 1.09%.
Apple (AAPL): Decreased by 1.07%.
Alphabet (GOOGL): Increased by 1.24%.
FedEx (FDX): Plunged 12.05%.
AON Plc (AON): Fell 6.03%.
Dow Jones Industrial Average: Dropped 475 points (-1.27%) to 37,082.
S&P 500: Fell 70.02 points (-1.47%) to 4,698.
Nasdaq 100: Slid 257.7 points (-1.53%) to 16,554.
U.S. Stocks:Key Stock Movements:
Bond Market Insights:
10-year Treasury yield: Decreased 8.6 basis points to 3.846%.
Commodities Update:
U.S. WTI crude-oil futures: Declined $0.13 (-0.18%) to 73.81 a barrel.
Gold price: Retreated $12 (-0.61%) to $2,027 an ounce.
Forex Market Trends:
Peaked at $44,320 before settling at $43,660.
GBP/USD: Slid 98 pips to 1.2634.
EUR/USD: Fell 40 pips to 1.0941.
USD/JPY: Declined 21 pips to 143.63.
AUD/USD: Dropped 30 pips to 0.6733.
Dollar index: Rose to 102.45.
European Stock Markets:
DAX 40: Dipped 0.07%.
CAC 40: Rose 0.12%.
FTSE 100: Gained 1.02%
Economic Data Highlights:
U.S. consumer confidence index: Increased to 110.7 in December.
U.S. existing home sales: Rose 0.8% in November.
Technical Analysis - Forex:
EUR/USD: Key resistance at 1.0970.
GBP/USD: Pivot at 1.2680.
USD/JPY: Pivot at 143.55.
Global Market Outlook:
This section provides insights into the overall global market trends, investor sentiments, and the impact of economic indicators on market dynamics.
Market Volatility Warning:
Note on market volatility and its potential impact on key levels and scenarios.