28 August 2024

NameDaily CloseDaily ChangeDaily Change (%)
Dow41,563.08228.030.55%
S&P 5005,648.4056.441.01%
Nasdaq17,713.62197.191.13%
VIX15.00-0.65-4.15%
Gold2,535.908.300.33%
Oil73.25-0.30-0.41%

US MARKET

U.S. stock markets closed on a positive note. The Dow Jones Industrial Average remained unchanged at 41,250.50, while the S&P 500 climbed by 0.2% to 5,625.80. The Nasdaq also advanced by 0.2%, finishing at 17,754.82.

Among the S&P 500 constituents, the top gainers were ResMed Inc., which surged 7.26%, Insulet Corp., up 6.58%, and Royal Caribbean Group, increasing by 4.30%.

On the downside, the largest decliners included Walgreens Boots Alliance Inc., which fell 8.82%, Paramount Global, down 7.00%, and Martin Marietta Materials Inc., decreasing by 4.57%.

LOCAL MARKET

Australian shares are set to open lower, with ASX futures down 0.36% or 29 points as of 8:00 AM on Wednesday. U.S. stocks edged higher as traders awaited Nvidia’s earnings, with the S&P 500 and Nasdaq both up 0.2%, and the Dow flat.

In commodities, Brent crude dropped 1.9% to US$79.85 per barrel, while gold held steady at US$2,525.26. The Australian dollar rose to 67.92 US cents, up from 67.71.