On Monday, July 22nd, U.S. stock markets closed in green as investors returned to megacap growth stocks. The S&P 500 and Nasdaq Composite rebounded from their worst weekly performance since April, while the Dow Jones Industrial Average ended a two-session decline.

According to the economic data, the Chicago Fed National Activity Index fell to 0.05 in June from 0.23, while analysts expected -0.09.

Most S&P 500 sectors closed higher, led by communication services, information technology, and industrial stocks, while energy and consumer staples fell.

The Dow Jones Industrial Average was up 0.32% and closed at 40,415.44. The S&P 500 gained 1.08%, ending the day at 5,564.41, while the Nasdaq Composite rose 1.58%, finishing the session at 18,007.57.

Asian Markets Today

On Tuesday, Japan’s Nikkei 225 closed higher by 0.12%, ending the session at 39,628.00, led by gains in the Railway & Bus, Transportation Equipment, and Fishery sectors.
Australia’s S&P/ASX 200 rose 0.50%, ending the day at 7,971.10, led by gains in the IT, Healthcare, and Industrial sectors.
India’s Nifty 50 fell 0.12% to 24,479.05, and Nifty 500 was down 0.34%, closing at 22,865.20.
China’s Shanghai Composite was down 1.65%, ending the session at 2,915.37, and the Shenzhen CSI slid 2.14%, closing at 3,439.88.
Hong Kong’s Hang Seng ended the session lower by 0.95% at 17,469.36.

Eurozone at 06:00 AM ET

The European STOXX 50 index gained 0.78%.
Germany’s DAX rose 0.95%.
France’s CAC was up 0.23%.
U.K.’s FTSE 100 traded higher by 0.07%.

Commodities at 06:00 AM ET

Crude Oil WTI was trading higher by 0.14% at $78.51/bbl, and Brent was up 0.12% at $82.50 bbl.
Oil prices steadied after two days of decline, investors remained cautious due to ample supply and weak demand, largely ignoring U.S. presidential race developments.
Natural Gas gained 0.01% to $2.286.
Gold was trading higher by 0.58% at $2,408.80, Silver slid 0.27% to $29.240, and Copper slid 0.76% to $4.1653.

US Futures at 06:00 AM ET

Dow futures were up 0.03%, S&P 500 futures declined 0.08%, and Nasdaq 100 Futures fell 0.21%.

Forex at 06:00 AM ET

The U.S. dollar index gained 0.05% to 104.37, the USD/JPY was down 0.63% to 156.01, and the USD/AUD gained 0.28% to 1.5096.

World markets steadied on Tuesday as investors shifted focus to corporate earnings and economic data after Biden exited the presidential race.

Photo by Pavel Bobrovskiy via Shutterstock

Asia Markets Mixed, Europe Advances; Dollar And Gold Gain - Global Markets Today While US Slept