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Asian markets mostly higher on Monday

admin by admin
May 22, 2023
in Business Deals


Japan +0.88%.

China +0.26%.

Hong Kong +1.33%.

Australia -0.18%.

Stocks on Wall Street fell on Friday as talks on the U.S. debt ceiling were halted by GOP negotiators. S&P 500 recorded its best week since March. The DJIA fell 0.33%, and the Nasdaq was down 0.24%.

Spot gold was up 0.1% at $1,978.06 per ounce as of 0347 GMT, while U.S. gold future eased 0.1% to $1,979.40.

The dollar index slipped 0.2%, making gold more affordable for overseas buyers. Spot silver fell 0.2% to $23.77 per ounce.

Platinum eased 0.1% to $1,061.68. Palladium dipped 0.3%to $1,508.54.

Oil prices took a hit. U.S. crude futures were down 0.9% to $70.94 per barrel, while Brent crude futures fell 0.8% to $75.01 per barrel.

US futures mixed. Dow Jones -0.13%; S&P 500 -0.06%; Nasdaq +0.06%.

More on markets:

China says Micron products failed its cybersecurity review

Biden plans to call McCarthy in effort to break debt-ceiling impasse



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