Dow Jones ends 4-day losing streak
US stock indexes showed mixed performance on Wednesday, as Treasury yields rose at their fastest pace in a week and markets assessed quarterly corporate earnings to gauge the outlook for the US economy.
At the close, the Dow Jones Industrial Average climbed 0.3%, or 139 points, to 43,408, ending a four-day losing streak.
The S&P 500 held steady at 5,917 points, while the Nasdaq Composite dropped 0.1%, or 21 points, to 18,966.
In European markets, the STOXX Europe 600 index closed unchanged at 500.4 points.
Germany’s DAX fell 0.3% to 19,004 points, the UK’s FTSE 100 lost 0.15%, closing at 8,085 points, and France's CAC 40 declined 0.45%, ending at 7,198 points.
In Japan, the Nikkei 225 dropped 0.15% to 38,352 points, while the broader Topix index fell 0.45% to 2,698 points.
In commodity markets, Brent crude futures for January 2025 delivery slipped 0.7%, or 50 cents, to $72.81 a barrel after touching $73.94.
US West Texas Intermediate (WTI) crude futures for December delivery, which expire today, dropped 0.75%, or 52 cents, to $68.87 a barrel after reaching $70.15.
Gold futures for December delivery rose 0.8%, or $20.7, to $2,651.70 an ounce, marking the highest level for the yellow metal since November 8, when it closed at $2,694.80.
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