Web Trader MT5 
On Monday, Wall Street closed higher, with the Dow setting a fresh record above 53,000. Technology stocks outperformed as semiconductor shares rebounded, helping lift the Nasdaq Composite by more than 1%.
Dell gained over 4% after President Donald Trump publicly endorsed the company’s products, while Microsoft declined following the announcement of 4,800 job cuts.
In early trading today, U.S. stock futures were mixed after the Dow Jones reached a new record high above 53,000. Dow futures edged up 0.1%, while S&P 500 futures slipped 0.2% and Nasdaq-100 futures fell 0.9%.
Asian markets traded lower, led by South Korea’s Kospi, which dropped 7.5%. Japan’s Nikkei 225 and Australia’s ASX 200 also declined.
Investors remain optimistic as strong and broad-based corporate earnings continue to support equities, with attention now turning to the upcoming U.S. trade deficit data due later Tuesday. Gold remains under pressure but continues to hold above $4,100 as a stronger U.S. dollar and rising Treasury yields weigh on the precious metal.
Oil prices are rising due to renewed tensions in the Strait of Hormuz, including reports of an oil tanker being struck, which has increased inflation concerns and supported the dollar.
However, weaker-than-expected U.S. Nonfarm Payrolls have reduced expectations of further Federal Reserve rate hikes, limiting the dollar’s strength and helping to cushion gold’s downside.
The latest ISM Services PMI came in at 54.0, meeting expectations and having little impact on market sentiment.
Investors are now focused on the FOMC Minutes due on Wednesday for further clues on the Fed’s policy outlook, while geopolitical developments in the Middle East remain a key driver for both gold and the U.S. dollar.
Tags
Open Live Account
Please enter a valid country
No results found
No results found
Please enter a valid email
Please enter a valid verification code
1. 8-16 characters + numbers (0-9) 2. blend of letters (A-Z, a-z) 3. special characters (e.g, !a#S%^&)
Please enter the correct format
Please tick the checkbox to proceed
Please tick the checkbox to proceed
Important Notice
STARTRADER does not accept any applications from Australian residents.
To comply with regulatory requirements, clicking the button will redirect you to the STARTRADER website operated by STARTRADER PRIME GLOBAL PTY LTD (ABN 65 156 005 668), an authorized Australian Financial Services Licence holder (AFSL no. 421210) regulated by the Australian Securities and Investments Commission.
CONTINUEImportant Notice for Residents of the United Arab Emirates
In alignment with local regulatory requirements, individuals residing in the United Arab Emirates are requested to proceed via our dedicated regional platform at startrader.ae, which is operated by STARTRADER Global Financial Consultation & Financial Analysis L.L.C.. This entity is licensed by the UAE Capital Market Authority (CMA) under License No. 20200000241, and is authorised to introduce financial services and promote financial products in the UAE.
Please click the "Continue" button below to be redirected.
CONTINUEError! Please try again.
