24 September 2024

NameDaily CloseDaily ChangeDaily Change (%)
Dow42124.6561.290.15%
S&P 5005718.5716.020.28%
Nasdaq17974.2725.950.14%
VIX15.89-0.26-1.61%
Gold2652.700.700.04%
Oil70.800.450.65%

US MARKET

U.S. stocks closed higher today, with all three major indices posting gains. The Dow Jones Industrial Average (DJIA) inched up by 0.1% to close at 42,124.65, while the S&P 500 rose 0.3% to 5,718.57. The Nasdaq Composite followed with a modest 0.1% gain, finishing at 17,974.27.

Among the top performers in the S&P 500, Tesla Inc surged by 4.93%, First Solar Inc climbed 3.76%, and Tapestry Inc saw a 3.65% lift.

On the downside, Regeneron Pharmaceuticals Inc led the decliners with a 4.63% drop, followed by Moody’s Corp, which fell 3.17%, and Ross Stores Inc, which slid 2.81%.

LOCAL MARKET

Australian shares are poised for a slight decline today, with ASX futures down 9 points or 0.1% at 7am AEST, despite a positive session on Wall Street.

Locally, all eyes are on the Reserve Bank of Australia’s cash rate decision at 2:30pm AEST, where rates are expected to remain on hold. Investors will also be paying attention to Governor Michele Bullock’s press conference for further economic insights.

On the ASX, shares of Pacific Smiles and Atlas Arteria will trade ex-dividend today, while Coles and Woolworths face pressure over allegations of misleading discount practices by the ACCC.