Global Markets Mostly Higher Tuesday
Posted: Tue Jul 28, 2020 6:06 amGlobal markets are on the rebound Tuesday as investors shake off the latest chapter in worsening relations between the United States and China.
In Asia, Tokyo’s Nikkei index finished 0.2% lower, while the Hang Seng in Hong Kong finished 0.6% higher and Shanghai's Composite index closed up 0.7%.
Australia’s S&P/ASX index finished 0.3% lower. Seoul’s KOSPI index gained 1.7%, while Taiwan’s TSEC index was virtually unchanged percentage-wise. The Sensex in Mumbai is up 1.3% in late afternoon trading.
In Europe, both London’s FTSE index and the DAX index in Frankfurt are up 0.4%, while the CAC-40 in Paris is virtually unchanged percentage-wise.
Gold is selling at $1,926.30 per ounce, after briefly nearing the $2,000 mark earlier in the day.
In other commodities trading, U.S. crude was selling at $41.34 per barrel, down 0.6%, while Brent crude is selling at $43.35 per barrel, down 0.1%.
After Monday’s strong finish, all three major U.S. indexes are trending negatively in futures trading ahead of Wall Street’s opening bell.