1 October 2024

NameDaily CloseDaily ChangeDaily Change (%)
Dow42330.1517.150.04%
S&P 5005762.4824.310.42%
Nasdaq18189.1769.580.38%
VIX16.73-0.23-1.36%
Gold2656.60-2.80-0.11%
Oil68.290.120.18%

US MARKET

U.S. stocks closed mixed today. The Dow Jones Industrial Average remained unchanged at 42,330.15, while the S&P 500 gained 0.4% to reach 5,762.48, and the Nasdaq also rose by 0.4%, ending at 18,189.17.

Among the S&P 500’s top performers, Solventum Corp led with a 3.18% increase, followed by Generac Holdings Inc, which jumped 2.64%, and Intuitive Surgical Inc, up 2.57%.

On the downside, Dollar Tree Inc was the biggest loser, falling 3.83%, while Ulta Beauty Inc dropped 3.69%, and General Motors Co declined 3.53%.

LOCAL MARKET

 

Australian shares are set to open lower, with ASX futures down 0.38% or 32 points as of 8:00am Tuesday.

U.S. stocks rose following a speech by Fed Chair Jerome Powell, who hinted at a 0.25% rate cut at the next two meetings. The S&P 500 gained 0.4%, ending the quarter up 5.5%, while the Nasdaq added 0.4% and the Dow rose slightly.

In commodities, Brent crude rose 0.2% to US$71.77 a barrel, and gold held steady at US$2,633.58. The Australian dollar was at 69.12 US cents.