Global Markets Report - 21 November
ASX set to open higher, after major US stock averages ended narrowly mixed as traders awaited Nvidia earnings after the bell.
Australia
Australian shares are set to open higher, after major US stock averages ended narrowly mixed as traders awaited Nvidia earnings after the bell.
ASX futures were up 0.13% or 11 points as of 8:00am on Thursday, suggesting a higher open.
Major stock indexes in the U.S. finished mixed Wednesday with the Nasdaq Composite Index dropping 0.1%. Meanwhile, the S&P 500 Index was flat, and the Dow Jones Industrial Average gained 0.3%.
The Nasdaq Composite gained 0.6%, while the S&P 500 rose 0.4%. The Dow Jones Industrial Average slipped 0.1%. All three of the major U.S. indexes fell last week.
In commodity markets, Brent crude oil was down 0.2% to US$73.14 a barrel, while gold was up 0.7% to US$2,649.68.
The Australian dollar was at 64.97 US cents, down from its previous close of 65.30.
Asia
Chinese shares closed higher. The benchmark Shanghai Composite Index rose 0.7% to 3,367.99, and the Shenzhen Composite Index added 1.4% to 2,037.66.
Hong Kong shares ended higher. The benchmark Hang Seng Index gained 0.2% to 19,705.01.
Japanese shares closed lower. The Nikkei Stock Average lost 0.2% to 38,352.34.
India shares ended higher. The BSE SENSEX increased 0.3% to 77,578.38.
Europe
Stocks in the U.K. finished lower. The FTSE 100 Index fell 0.2% to 8,085.07.
In Europe, shares closed lower. Germany's DAX dropped 0.3% to 19,004.78, and France's CAC 40 slipped 0.4% to 7,198.45.
North America
U.S. stocks ended mixed. The DJIA rose 0.3% to 43,408.47, the S&P 500 was flat at 5,917.11, and the Nasdaq fell 0.1% to 18,966.14.
Among S&P 500 companies, the top three gainers were Keysight Technologies Inc, surging 8.78%, Humana Inc jumped 5.83%, and CoStar Group Inc lifted 5.80%.
The biggest decliners were Target Corp which dropped 21.36%, Super Micro Computer Inc fell 9.46%, and Qualcomm Inc lost 6.45%.