Photo by Carlos Delgado
As the U.S. session opens, European markets are showing positive momentum. The FTSE 100 is trading at 8,360.81, up by 16.96 points or 0.20%, with an intraday high of 8,394.30 and a low of 8,341.30. The CAC 40 is performing strongly, currently at 7,619.34, with a gain of 41.67 points or 0.55%, having touched a high of 7,644.68 and a low of 7,576.36. The AEX index is also moving upward, trading at 920.54, up by 9.80 points or 1.08%, with a high of 921.97 and a low of 911.40. Meanwhile, the DAX is showing a solid performance, currently at 18,868.45, with a rise of 79.45 points or 0.42%, hitting a high of 18,937.95 and a low of 18,786.00. The IBEX 35 is trading at 11,358.18, up by 26.18 points or 0.23%, with an intraday high of 11,403.65 and a low of 11,326.71. The positive tone across these major European indices sets a constructive backdrop as the U.S. trading day begins.
U.S. major indices are reflecting a positive start. The Dow Jones is trading at 41,162.42, up by 71.00 points or 0.17%, with an intraday high of 41,392.73 and a low of 41,159.02. The S&P 500 is currently at 5,608.68, rising by 16.50 points or 0.30%, with a high of 5,620.79 and a low of 5,607.45. The Nasdaq is showing strong momentum, trading at 17,693.21, with an increase of 137.19 points or 0.78%, reaching a high of 17,722.44 and a low of 17,601.54. However, the Small Cap 2000 is slightly down, trading at 2,188.50, a decrease of 0.14 points or -0.01%, with a high of 2,203.40 and a low matching the current level. The S&P 500 VIX, an indicator of market volatility, has dropped significantly by 1.47 points or -8.59%, currently at 15.64, with a high of 17.11 and a low of 15.39. The early market action suggests a cautiously optimistic start to the U.S. trading day after the negative session of yesterday.
NVIDIA (NVDA) is currently trading at 121.90, showing a decline of 2.95% after the Q2 released yesterday on market close. Apple (AAPL) is performing well, with its last trade at 230.95, reflecting a gain of 1.97%. Salesforce Inc (CRM) has risen slightly to 260.87, up by 0.76%. Tesla (TSLA) is seeing a strong increase, trading at 211.43 with a 2.76% gain. Amazon.com (AMZN) is also up, trading at 173.09, marking a 1.34% rise. Microsoft (MSFT) shows robust performance, last trading at 420.28, up by 2.36%. Meta Platforms (META) is trading at 523.70, up by 1.34%, while Alphabet A (GOOGL) has gained 1.44%, with its last trade at 165.19.
In the commodities market, Gold is trading at $2,548.75 for the December 2024 contract, up by $10.95 or 0.43%, with an intraday high of $2,557.60 and a low of $2,536.70. Silver, also for December 2024 delivery, is currently at $29.802, increasing by $0.174 or 0.59%, after reaching a high of $30.087 and a low of $29.538. Crude Oil WTI for October 2024 is showing strong gains, trading at $76.58, up by $2.06 or 2.76%, with a high of $76.58 and a low of $74.06. On the other hand, Copper for December 2024 delivery is slightly down, trading at $4.2088, a decrease of $0.0092 or 0.22%, with a high of $4.2490 and a low of $4.1768. Brent Oil for November 2024 is performing well, trading at $79.36, up by $1.78 or 2.29%, after hitting a high of $79.36 and a low of $77.02. However, Natural Gas for October 2024 is experiencing a decline, trading at $2.035, down by $0.062 or 2.96%, with a high of $2.127 and a low of $2.026. The mixed performance across these commodities reflects varying market dynamics as the trading day progresses.
In the forex market, the EUR/USD pair is trading at 1.1085, down by 0.0034 or 0.31%, with a high of 1.1140 and a low of 1.1072. The USD/JPY pair is showing strength, currently trading at 145.33, up by 0.77 points or 0.53%, with an intraday high of 145.50 and a low of 144.22. Meanwhile, the GBP/USD pair is trading at 1.3164, down by 0.0025 or 0.19%, after reaching a high of 1.3227 and a low of 1.3146. The forex market reflects mixed movements with the U.S. dollar strengthening against the Euro and the British Pound, while gaining ground against the Japanese Yen.
Bitcoin is currently trading at 60,788.8, up by 1,369.5 points, marking a 2.30% increase. Meanwhile, Ethereum is trading at 2,573.12, showing a gain of 81.73 points, which translates to a 3.28% rise. Both cryptocurrencies are experiencing positive momentum.
