Asia And Europe Markets Mixed, Dollar Gains - Global Markets Today While US Slept

US markets closed mixed, with modest gains in S&P and Nasdaq while Dow was flat due to losses in McDonald's and Travelers. Economic data showed increase in wholesale inventories and drop in inflation expectations. Asian markets mostly up, Europe mostly down.

On Monday, June 9, U.S. markets closed mixed, with the S&P and Nasdaq posting modest gains while the Dow closed flat, weighed down by losses in major stocks like McDonald’s and Travelers. Small-cap stocks outperformed broader indices as investors remained cautiously optimistic, encouraged by the resumption of U.S.-China trade talks despite no immediate breakthroughs.

Economic data showed that U.S. wholesale inventories increased 0.2% in April to $908.7 billion, while consumer inflation expectations for the year dropped to 3.2% in May from 3.6%.

Most S&P 500 sectors fell Monday, led by utilities, financials, and consumer staples. However, consumer discretionary and materials stocks rose against the trend.

The Dow closed flat at 42,761.76, the S&P 500 gained 0.09% to 6,005.88, and the Nasdaq rose 0.31% to 19,591.24.

Asia Markets Today

On Tuesday, Japan’s Nikkei 225 closed 0.30% higher at 38,201.50, led by gains in the Real Estate, Banking, and Textile sectors.

Australia’s S&P/ASX 200 was up 0.84% at 8,587.20, led by gains in the Consumer Discretionary, IT, and Financials sectors.

India’s Nifty 50 was down 0.01% at 25,102.75, and the Nifty 500 rose 0.03% to 23,339.40.

China’s Shanghai Composite was down 0.44% at 3,384.82, and Shanghai Shenzhen CSI 300 declined 0.51% to 3,865.47.

Hong Kong’s Hang Seng closed the session 0.08% lower at 24,162.87.

Eurozone at 05:45 AM ET

The European STOXX 50 index was down 0.15%.

Germany’s DAX index declined 0.55%.

France’s CAC 40 rose 0.01%.

U.K.’s FTSE 100 index traded higher by 0.42%.

Commodities at 05:45 AM ET

Crude Oil WTI was trading higher by 0.37% at $65.53/bbl, and Brent was up 0.37% at $67.32/bbl.

Oil prices rose amid U.S.-China trade optimism, Saudi supply cuts to China, and OPEC+ plans, with Brent reaching its highest since April.

Natural gas fell 0.58% to $3.614.

Gold traded lower by 0.14% to $3,350.20, Silver slid 0.10% to $36.750, and Copper fell 1.08% to $4.8720.

Gold prices fell as risk appetite improved amid progress in U.S.-China trade talks. Softer haven demand and a stronger dollar pressured metals despite recent geopolitical tensions and economic uncertainties.

U.S. Futures at 05:45 AM ET

Dow Jones futures were down 0.04%, the S&P 500 gained 0.08%, and the Nasdaq 100 was up 0.10%.

Forex at 05:45 AM ET

The U.S. Dollar Index rose 0.09% to 99.09, USD/JPY was up 0.08% to 144.68, and USD/AUD declined 0.02% to 1.5347.

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