World markets today: US stocks flat

At 9:46 a.m. ET, the Dow Jones Industrial Average was down 1.96 points, or 0.01 per cent, at 38,675.40, the S&P 500 was down 4.24 points, or 0.08 per cent, at 4,990.82, and the Nasdaq Composite was down 8.23 points, or 0.05 per cent, at 15,748.42.

The yield on the 10-year Treasury ticked up to 4.14 per cent from 4.12 per cent late Wednesday.

Shares of Walt Disney gained 8.5 per cent, after the media giant posted robust profit.

Spirit Airlines rose 3.0 per cent after it reported a narrower-than-expected loss. 

On the economic front, a report showed Americans filing for state unemployment benefits fell to 218,000 during the week ended February 3.

On Wednesday, the Dow Jones Industrial Average rose 175.88 points to 38,697.24, the S&P 500 gained 39.93 points to 4,994.16 and the Nasdaq Composite added 140.80 points to 15,749.80.

In European stock markets, Britain’s FTSE 100 edged down 0.2 per cent at 7,613.56. France’s CAC 40 was up 0.9 per cent at 7,677.45. Germany’s DAX added 0.5 per cent at 16,997.59.

Asian equities were choppy on Thursday.

Hong Kong’s Hang Seng Index fell 1.3 per cent at 15,878.07.

China’s Shanghai Composite added 1.3 per cent at 2,865.90.

Japan’s Nikkei 225 climbed 2.1 per cent at 36,863.28.

Oil prices rose on Thursday on concerns over the impact of Israel’s rejection of a ceasefire offer from Hamas.

Brent crude futures added 81 cents, or 1.02 per cent, to $80.02 a barrel by 1239 GMT. US West Texas Intermediate crude futures were up 72 cents, or 0.97 per cent, at $74.58. 

Gold prices eased on Thursday as US dollar edged higher.

Spot gold fell 0.4 per cent to $2,026.39 per ounce, as of 1230 GMT. US gold futures lost 0.5 per cent to $2,041.10 per ounce.

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Published: 08 Feb 2024, 08:55 PM IST