Active Stocks
Fri Sep 22 2023 15:58:38
  1. Tata Steel share price
  2. 126.7 -0.86%
  1. HDFC Bank share price
  2. 1,529.2 -1.57%
  1. State Bank Of India share price
  2. 598.1 1.67%
  1. Power Grid Corporation Of India share price
  2. 199.1 -1.34%
  1. Tata Motors share price
  2. 621.1 -0.93%
Business News/ Markets / Stock Markets/  Global markets update: US stocks fall, investors eye inflation data

US stocks fell on Tuesday as investors keenly awaited crucial inflation data for more clarity on the Federal Reserve's monetary policy plans.

The consumer price index data for April is due on Wednesday.

The S&P 500 fell 18.95 points, or 0.46%, at 4,119.17. The Dow Jones Industrial Average lost 56.88 points, or 0.17%, at 33,561.81. The Nasdaq Composite dropped 77.36 points, or 0.63%, at 12,179.55.

The US dollar rose to 135.17 Japanese yen from 135.15. The euro fell to $1.0969 from $1.1007.

The yield on 10-year treasuries advanced 2 basis points to 3.53%.

Janet Yellen, US treasury secretary, has warned that the government could hit its debt limit by the start of June.


The stock index S&P/TSX closed flat on Tuesday. 


European stocks declined on Tuesday after a slew of weak corporate earnings.

The pan-European STOXX 600 index closed 0.3% lower.

Britain’s FTSE 100 fell 0.2% at 7,764.09. In Germany, DAX ended flat. France’s CAC 40 slipped 0.6% at 7,397.17.

Swedish real estate company SBB tanked 24.2% after it said it would halt dividend payments and scrap a planned share issue in the wake of a credit rating cut.

The Bank of England will announce its monetary policy decision on Thursday.


Asian stock markets mostly fell on Tuesday after data showed a steeper-than-expected drop in Chinese imports.

Hong Kong’s Hang Seng index slipped 2.1% at 19,867.58. In China, Shanghai Composite lost 1.1% at 3,357.67. South Korean benchmark Kospi fell 3.15 points, or 0.13%, to close at 2,510.06.

Japan’s Nikkei 225 gained 1% at 29,242.82.

Australia’s S&P/ASX 200 index fell 0.2% at 7,264.1. New Zealand's benchmark S&P/NZX 50 index dropped 0.4% at 11,889.61.

Oil prices

Brent crude for July delivery gained 43 cents to $77.44 a barrel on Tuesday. US crude oil benchmark for June delivery rose 55 cents to $73.71 a barrel.


Gold for June delivery rose $9.70 to $2,042.90 an ounce. Silver for July delivery added 7 cents to $25.90 an ounce. 

"Exciting news! Mint is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest financial insights!" Click here!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Updated: 10 May 2023, 02:27 AM IST
Next Story
Recommended For You

Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!

Let’s get started
Switch to the Mint app for fast and personalized news - Get App