Dow Jones flat! US stocks weaken after tensions with Iran flared up again, pressuring global markets.
Global stock markets faced pressure on Monday amid renewed tensions between the US and Iran following attacks and seizures of cargo ships in the Gulf of Oman, prompting increased investor caution. Oil prices surged on supply concerns, while gold weakened under pressure from a rising dollar and bond yields.
U.S. stock markets closed slightly lower after the Nasdaq ended its continuous rally.
U.S. stock markets closed lower on Monday (April 20, 2569). All three major indices declined as investors reduced risk exposure amid heightened tensions in the Middle East, particularly the conflict between the United States and Iran.
- Dow Jones Industrial Average (US stock market) Closed at 49,442.56 points, down 4.87 points (-0.01%)
- S&P 500 Index, US Stock Market Closed at 7,109.14 points, down 16.92 points (-0.24%)
- Nasdaq Composite Index (US Stock Market) Closed at 24,404.393 points, down 64.087 points (-0.26%)
The Nasdaq's decline also ended its 13-day winning streak, as investors remain positive about the medium-term outlook despite increased geopolitical risks. The market is also watching earnings reports from large corporations and key U.S. economic data.
European stock markets fell amid concerns that the war would impact the economy.
European stock markets closed lower across the board. Due to pressure from the tense situation in the Middle East, which could impact the economy and tourism sector.
- STOXX 600 Index Closed at 621.46 points, down 5.12 points (-0.82%)
- DAX German stock market index Closed at 24,417.80 points, down 284.44 points (-1.15%)
- CAC 40 Index of the French stock market Closed at 8,331.05 points, down 94.08 points (-1.12%)
Shares in the tourism and airline sectors fell sharply, while energy stocks rose against the trend following a surge in oil prices due to supply risks.
The UK stock market weakened, following the trend of European markets.
UK stock market closes negative This is under pressure from a more cautious investment climate following renewed tensions in the Middle East.
- FTSE 100 Index UK Stock Market Closed at 10,609.08 points, down 58.55 points (-0.55%)
Investors continue to monitor the direction of the global economy, including the impact of soaring energy prices, which could put downward pressure on inflation in the coming period.
Oil prices surge amid concerns of supply disruptions.
World oil prices rose significantly following escalation in the conflict between the United States and Iran, impacting shipping through the Strait of Hormuz, a crucial oil route.
- WTI crude oil price (May delivery) It closed at $89.61 per barrel, up nearly 7%.
- Brent crude oil price (June delivery) It closed at $95.48 per barrel, up more than 5%.
Analysts point out that oil prices remain highly volatile due to geopolitical situations and the risk of supply disruptions.
Gold prices weakened, pressured by a stronger dollar.
Gold prices fell on the same day. Following a rise in the dollar and U.S. bond yields, demand for safe-haven assets declined.
- Spot gold price Closed at $4,818.03/ounce, down 0.3%.
- Gold price on the COMEX market (June delivery). Closed at $4,839.10/ounce, down 0.8%.
Despite high geopolitical risks, pressure from interest rates and currencies remains a key factor limiting gold's upward movement.
The dollar weakened as markets hope for a peace deal.
The dollar weakened slightly. Investors remain hopeful about the possibility of a peace agreement, despite the recent resurgence of tensions.
- Euro/Dollar It closed at $1.1776, up 0.12%.
- Pound/Dollar It closed at $1.353, up 0.12%.
- Dollar/Yen It closed at 158.62 yen, a slight decrease.
- Dollar Index Closed at 98.13, down 0.33%
The market continues to closely monitor developments in the Middle East and the direction of US monetary policy.
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