Workflow
U.S. benchmark crude oil
icon
Search documents
US futures and Asian shares slip after a wild day on Wall St ends with a whimper
The Economic Times· 2026-01-30 07:10
Market Reactions - The CEO of Indonesia's stock market, Imam Rachman, resigned, leading to a 1.2% gain in Jakarta's benchmark index, which had previously been at all-time highs but fell 7.4% on Wednesday and 1.1% on Thursday due to MSCI's warning about market risks [1][14] - The Hang Seng index in Hong Kong dropped 1.8% to 27,455.13, while the Shanghai Composite index slipped 0.9% to 4,122.61 [1][14] - Tokyo's Nikkei 225 fell 0.1% to 53,322.85, with declines in artificial intelligence-related stocks, including a 4.5% drop for Advantest and a 1.7% drop for Disco Corp [4][14] - South Korea's Kospi edged up 0.1% to 5,224.36 after initial talks with U.S. Commerce Secretary Howard Lutnick did not yield an agreement [4][14] U.S. Stock Market Performance - U.S. stocks experienced modest movements, with the S&P 500 slipping 0.1% after reaching record highs earlier in the day and dropping by as much as 1.5% [5][14] - Microsoft saw a significant decline of 10%, marking its worst day since the COVID crash in 2020, despite reporting stronger-than-expected profits and revenue [5][14] - Tesla's stock fell 3.5%, delivering a profit that exceeded analyst expectations but was lower than the previous year [6][14] Precious Metals and Currency Trends - Gold prices decreased by 2.8% to $5,205 per ounce after briefly reaching near $5,600, having nearly doubled over the last 12 months [7][14] - Silver prices declined 4.1% to nearly $110.41, following a significant upward trend [7][14] - The U.S. dollar traded at 153.85 Japanese yen, up from 152.97 yen, while the euro slipped to $1.1921 from $1.1967 [9][14] Oil Market Dynamics - Oil prices fell after a previous increase of over 3% due to concerns about U.S.-Iran tensions affecting crude flow [10][14] - U.S. benchmark crude oil lost $1.07 to $64.35 per barrel, while Brent crude dropped $1.10 to $68.49 per barrel [11][14]
Markets react mildly to the US capture of Venezuelan leader Maduro
Yahoo Finance· 2026-01-05 02:02
Group 1: Oil Market Reaction - Oil prices experienced a decline, with U.S. benchmark crude oil trading at $56.80 per barrel, down 52 cents, and Brent crude at $60.26 per barrel, down 49 cents [2] - Venezuela's oil industry, currently producing about 1.1 million barrels per day, is expected by some analysts to potentially double or triple its output in the coming years, despite its current state of disrepair due to years of neglect and sanctions [3] Group 2: Precious Metals Surge - The price of gold increased by 2.4% and silver surged by 6%, as these assets are often viewed as safe havens during geopolitical turmoil [4] Group 3: Asian Market Performance - Asian shares saw significant gains, with the Nikkei 225 index rising 3% to close at 51,832.80, marking its highest close since reaching a record of 52,411.34 on October 31 [5] - South Korea's Kospi index surged 3.4% to a record high of 4,457.52, also closing at a record high on the previous Friday [7]