31/03/2023
Today’s Announcements & News
Asia
Thursday saw mixed trading on Asia-Pacific markets, with Australia’s benchmark index reaching a two-week high as worries about the recent banking turmoil in the United States and Europe ease.
The S&P/ASX 200 closed 1.02 percent higher at 7,122.3 in Australia, led by bank stocks and miners. BHP and Rio Tinto, the “Big Four” banks, and the top gainers, were both up between 0.93% and 2.3%, respectively.
United States
U.S. stock prospects were level on Thursday night.
Futures on the Dow Jones Industrial Average gained 14 points, or 0.04%. Futures on the S&P 500 gained 0.09%, while futures on the Nasdaq 100 gained 0.05%.
During normal trading on Thursday, the Dow gained more than 141 points, or 0.43 percent. The S&P 500
rose 0.57%, and the tech-weighty Nasdaq
acquired 0.73%.
Additionally, a positive week is expected for the three major averages. The S&P 500 is up 2%, while the Dow is up 1.93 percent. The weekly performance of both indexes is on track to be the best since January. This week, the Nasdaq is up 1.6%.
Commodity
Oil prices increased on Thursday as a result of lower crude stockpiles in the United States and a halt to exports from Iraq’s Kurdistan region, which offset the impact of a smaller-than-expected cut to Russian supplies.
Brent crude futures climbed to $79.27 a barrel by adding 99 cents, or 1.3 percent. To $74.38, West Texas Intermediate crude gained $1.41 cents, or 1.9%.
The above analysis is only for the views of market researchers and is for reference only and is not regarded as a specific investment suggestion.