Global markets update: US stocks close mixed on profit-booking
S&P 500 falls 0.4%, Dow Jones Industrial Average gains 0.3%, Nasdaq composite lost 1.3%
PremiumOn the Wall Street, US stocks closed mixed on Wednesday on profit-booking ahead of key economic data and Fed policy meet next week.
The S&P 500 fell 16.33, or 0.4%, at 4,267.52. The Dow Jones Industrial Average gained 91.74, or 0.3%, at 33,665.02. The Nasdaq composite fell 171.52, or 1.3%, at 13,104.89.
Microsoft, Amazon, Nvidia and Alphabet all sank at least 3%.
In the bond market, the yield on the 10-year treasury rose to 3.78% from 3.68% late Tuesday. The 2-year yield rose to 4.55% from 4.50%.
Currencies
The US dollar rose to 140.13 Japanese yen from 139.66. The euro rose to $1.0703 from $1.0693.
Canada
Canada stocks fell on Wednesday as the Bank of Canada raised its benchmark interest rate for the first time since January.
The Toronto Stock Exchange's S&P/TSX composite index ended down 71.91 points, or 0.4%, at 19,983.69.
The Bank of Canada hiked its benchmark interest rate by 25 basis points to a 22-year high of 4.75%.
Europe
European stocks slid on Wednesday on losses in healthcare stocks.
The pan-European STOXX 600 index fell 0.2%.
Britain’s FTSE 100 fell less than 0.1% at 7,624.34. Germany’s DAX lost 0.2% at 15,960.56. France CAC 40 down less than 0.1% at 7,202.79.
Spain's IBEX 35 index rose 0.5% to close at a six-week high.
Asia
In Asia, stock markets were mixed on Wednesday.
Hong Kong’s Hang Seng index gained 0.8% at 19,252.00. China’s Shanghai Composite added 0.1% at 3,197.76.
Japan’s Nikkei 225 fell 1.8% at 31,913.74.
Australia’s S&P/ASX 200 index ended 0.2% lower at 7,118.0. New Zealand's benchmark S&P/NZX 50 index fell 0.9% to end the session at 11,759.15.
Energy prices
Brent crude for August delivery rose 66 cents to $76.95 a barrel on Wednesday. US crude oil benchmark for July delivery rose 79 cents to $72.53 a barrel.
Natural gas for July delivery rose 7 cents to $2.33 per 1,000 cubic feet.
Bullion
Gold for August delivery fell $23.10 to $1,958.40 an ounce. Silver for July delivery fell 14 cents to $23.53 an ounce.
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