Stock market indices and conditions, oil, gold and foreign money markets on November 9, 2022
The Dow Jones New York Stock MarketWednesday (Nov 9) closed more than 600 points as investors were concerned about the outcome of the mid-term elections in the US, where it was unclear which party would win the majority in Congress. it also put pressure on the trading atmosphere on the New York Stock Exchange.
The Dow Jones Industrial Average closed at 32,513.94, down 646.89 or -1.95%, the S & P500 closed at 3,748.57, down 79.54 or -2.08%, and the Nasdaq closed at 10,353.18, down by 263.03 or -2.48%.
European stock marketIt closed lower on Wednesday (Nov 9) after a three-day gain, driven by the decline in economy-sensitive stocks. Amid uncertainty over US mid-term election results and growing concerns about inflation
The STOXX 600 index closed at 420.34, down 1.27 or -0.30%.
The French stock market CAC-40 closed at 6,430.57, down 10.93 or -0.17%, the German stock market DAX closed at 13,666.32, down 22.43 or -0.16 % and the FTSE 100 London Stock Exchange closed at 7,296.25, down 9.89, or -0.14%
London stock marketClosed on Wednesday (November 9), with retail stocks blocking the market. After Mark & Spencer (M&S) Warned About Decreasing Profits For Full Year Investors slowed stock trading due to uncertainty over the outcome of the US mid-term elections.
The FTSE 100 London Stock Exchange closed at 7,296.25, down 9.89 or -0.14%.
West Texas Crude Oil Contract (WTI) New York markets closed lower on Wednesday (Nov 9) after US crude oil inventories rose contrary to analysts’ expectations. The oil markets have also been under pressure from a strong dollar. and concerns about the COVID-19 situation in China
The WTI crude oil contract was delivered in December. It fell $ 3.08, or 3.5 percent, to $ 85.83 a barrel.
The Brent crude oil (BRENT) contract will be delivered in January. It was down $ 2.71, or 2.8%, to close at $ 92.65 a barrel.
gold contractMarkets in New York closed in negative on Wednesday (Nov 9) as dollar strength put pressure on the market. As investors look to the release of the US Consumer Price Index (CPI) today.
The COMEX (Commodity Exchange) gold contract will be delivered in December. It fell $ 2.3 or 0.13% to close at $ 1,713.7 an ounce.
December Delivery Silver Metal Contract It was down 17.5 cents, or 0.81%, to $ 21,327 an ounce.
Platinum Contract Delivered in January It was down $ 17.2, or 1.7%, to $ 997.3 an ounce.
Palladium Contract Delivered in December It fell $ 73.40, or 3.8%, to $ 1,859.20 an ounce.
American dollarWednesday (Nov 9) it strengthened against major currencies trading on the New York Stock Exchange as investors bought the dollar as a safe haven. Before knowing the results of the American mid-term elections and the disclosure of the consumer price index (CPI) for the month of October in the United States.
The Dollar Index, which measures the dollar’s movements against the six major currencies in a basket of currencies, rose 0.83% to 110.5490.
The dollar strengthened against the yen to 146.64 yen from 145.55 yen, strengthening against the Canadian dollar to $ 1.3534 from $ 1.3438. It appreciated against the Swedish krona to 10.8935 kronor from 10.7513 kronor, but the dollar was slightly weaker against the Swiss franc at 0.9857 francs from 0.9858 francs.
The euro fell against the dollar to $ 1,0005 from $ 1.0077 and the pound fell to $ 1.1344 from $ 1.1537.
