| Name | Daily Close | Daily Change | Daily Change (%) |
|---|---|---|---|
| Dow | 41794.60 | -257.59 | -0.61% |
| S&P 500 | 5712.69 | -16.11 | -0.28% |
| Nasdaq | 18179.98 | -59.93 | -0.33% |
| VIX | 21.98 | 0.1 | 0.46% |
| Gold | 2745.80 | -3.4 | -0.12% |
| Oil | 71.69 | 2.2 | 3.17% |
US MARKET
U.S. stocks closed lower, with the Dow Jones Industrial Average down by 0.6% to 41,794.60, the S&P 500 decreasing 0.3% to 5,712.69, and the Nasdaq declining 0.3% to 18,179.98.
In the S&P 500, The Mosaic Co led the gains with a 5.36% increase, followed by Enphase Energy Inc, which rose 4.69%, and Sherwin-Williams Co, up by 4.59%.
On the downside, Constellation Energy Corp dropped the most, falling 12.43%, while Public Service Enterprise Group Inc declined 6.23%, and United Airlines Holdings Inc lost 4.00%.
LOCAL MARKET
Australian shares are expected to open lower, following declines in U.S. markets on the eve of elections.
ASX futures were down 0.41%, or 34 points, at 8:30 a.m. on Tuesday, pointing to a softer start.
U.S. stocks declined as investors showed caution ahead of the upcoming election. The dollar weakened, and Treasury yields dropped.
Energy stocks led gains as oil prices rallied, following OPEC and its allies’ decision to delay plans to ease output cuts until the end of the year. Utilities were pressured as nuclear-power companies saw declines after regulators blocked an Amazon.com initiative to increase nuclear energy use.
The Dow Jones Industrial Average fell by 257 points, or 0.6%, to 41,794, while the S&P 500 dropped 0.3% to 5,712, and the Nasdaq dipped 0.3% to 18,179.
In commodities, Brent crude oil rose 3.1% to $75.35 per barrel, while gold held steady at $2,736.20.
The Australian dollar strengthened to 65.83 U.S. cents, up from its previous close of 65.58.