Global markets: US stock indices little changed, European shares soar
US stock indices on Wall Street were little changed on Tuesday after disappointing earnings from Johnson & Johnson and Goldman Sachs.
The S&P 500 gained 0.08% at 4,154.77. The Dow Jones Industrial Average slipped 0.03% at 33,977.72. The Nasdaq Composite fell 0.04% at 12,153.41
- The yield on 2-year US treasury surged to 4.2%. The yield on 10-year treasury declined 2 basis points to 3.58%.
- Goldman Sachs shares declined 1.70% at $333.91. It reported both revenue and profit dropped in the first quarter.
Johnson & Johnson stock fell 2.78% at $161.01.
Investors’ focus this week is on the release of more first quarter results from major companies.
Currencies
The euro rose 0.4% to $1.0971. The British pound gained 0.4% to $1.2426. The Japanese yen added 0.3% to 134.08 per dollar.
Canada
Canada’s Toronto Stock Exchange’s S&P/TSX composite index edged higher 0.2% at 20,684.68.
European shares
European shares soared on Tuesday on strong earnings by travel and leisure companies and on robust China GDP data.
The pan-European STOXX 600 index gained 0.4%. The travel and leisure sector index rose 2.1%.
China’s economy grew 4.5% year-on-year in the first quarter of the current fiscal year.
Britain’s FTSE 100 rose 0.38% at 7,909.44. Germany’s DAX gained 0.59% at 15,882.67. France’s CAC 40 added 0.47% at 7,533.63.
Asia
Most Asian stocks dropped on Tuesday.
Hong Kong’s Hang Seng index dropped 0.6% at 20,650.51. In China, Shanghai Composite index rose 0.2% at 3,393.33. Japan’s Nikkei 225 added 0.5% at 28,658.83. South Korean benchmark Kospi dipped 0.19% at 2,571.09.
Australia’s S&P/ASX 200 index fell 0.3% at 7,360.20. New Zealand’s benchmark S&P/NZX 50 index slipped 0.4% at 11,884.1.
Crude oil
Brent crude for June delivery rose 1 cents to $84.77 a barrel on Tuesday. The benchmark US crude oil for May delivery gained 3 cents to $80.86 a barrel.
Bullion
Gold for June delivery climbed $12.70 to $2,019.70 an ounce. Silver for May delivery added 17 cents to $25.26 an ounce.
Cryptocurrencies
Bitcoin surged 2.6% at $30,211.05. Ether up 0.1% at $2,079.28.
Know your inner investor
Do you have the nerves of steel or do you get insomniac over your investments? Let’s define your investment approach.
Take the test
Download Finplay News App to get Daily Market Updates.
More
Less