-
Bank Ranking
Banks Ratios
Cement Statistics
Cement Ranking
Cement Ratios
Monetary and Economic Statistics
Oil, Gas and Fuel
Macro Economy
Consumer Spending
Inflation
Exports & Imports
Food Prices
Non Food Prices
Construction Materials
Petrochem. Ranking
Petrochem. Ratios
Retail Rankings
Retail Ratios
Grocery Ranking
Grocery Ratios
Top Growth
Dividend History
Nasdaq notches record close backed by technology stocks
16/12/2024
Argaam Exclusive
AI Summary
Content Summary: 
Loading data...
Please note that this news summary has been generated using artificial intelligence. It is recommended to review the original
sources for complete details and to verify the accuracy of the information.
US stock indexes rallied on Monday, but gains were offset by higher treasury yields as economic growth accelerated in December to hit a record performance since March 2022.
Name
Price
Change (value)
Change (%)
The Dow Jones Industrial Average edged down 0.25%, or 110 points, to 43,717 points, extending losses for the eighth straight session. Meanwhile, the S&P 500 Index increased 0.4%, or 22 points, to 6,074 points, and the Nasdaq Composite advanced about 1.25%, or 247 points, to 20,173 points.
Shares of Apple, tesla and Broadcom Inc. ended at record highs, adding 1.15%, 6.15% and 11.2% to $251.04, $463.02 and $250, respectively.
As for the European indices, STOXX Europe 600 fell 0.1% to 515.8 points, as most sectors closed in the negative territory.
FTSE 100 retreated 0.45% to 8,262 points. DAX 40 inched down nearly 0.45% to 20,313 points, and CAC 40 decreased 0.7% to 7,357 points.
In Japan, Nikkei 225 remained unchanged at 39,457 points. TOPIX fell 0.30% to 2,738 points.
Name
Price
Change (value)
Change (%)
In the oil market, futures contracts for Brent crude for February 2025 delivery fell 0.8%, or $0.58 at $73.91 per barrel.
Meanwhile, prices of West Texas Intermediate (WTI) crude oil for January delivery dropped 0.8%, or $0.58 to $70.71 per barrel.
As for gold, futures prices for the yellow metal for February delivery inched down 0.2%, or $5.8 to $2,670 per ounce.
The headline S&P Global Flash US PMI Composite Output Index rose from 54.9 in November to 56.6 in December, signaling the fastest expansion of business activity since March 2022.
Follow us on
Comments {{getCommentCount()}}
Be the first to comment
{{Comments.indexOf(comment)+1}}
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.
Name
Price
Change (value)Change (%)
Brent Crude Oil
65.58
(4.56)
(6.51 %)
Nymex
61.99
(4.96)
(7.44 %)
Natural Gas
3.84
(0.30)
(7.31 %)
Gold
3,035.40
(86.30)
(2.75 %)
Silver
29.23
(2.74)
(8.58 %)
High Grade Copper
4.40
(0.43)
(8.86 %)
Iron Ore
102.64
(1.54)
(1.50 %)
Aluminum
2,256.25
(98.25)
(4.24 %)
LEAD
1,909.50
(42.00)
(2.15 %)
Zinc
2,670.00
(42.50)
(1.57 %)
Steel
836.00
(30.00)
(3.59 %)
Wheat (CBOT)
529.00
(7.00)
(1.30 %)
Corn (CBOT)
460.25
2.60
0.57 %
Coffee (ICEUS)
365.70
(19.55)
(5.06 %)
Whole Milk Powder
4,800.00
62.50
1.30 %
Skim Milk Powder
2,675.00
(25.00)
(0.93 %)
Refining margins
7.38
0.86
13.19 %
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-
Call Request
Comments Analysis: