us stock market ,world stock market ,singapore stock market ,china stock market ,japan stock market ,australia stock market
NEW YORK - Wall Street struggled to a mixed finish on Monday, as a better-than-expected survey on the US services sector helped offset pessimism from last week’s grim unemployment report.
The Dow Jones Industrial Average reversed early weakness and rose 44.13 points, or 0.53 per cent, to settle at 8,324.87.
The tech-heavy Nasdaq composite fell 9.12 points, or 0.51 per cent, to 1,787.4, while the Standard & Poor’s 500 broad-market index edged up 2.3 points, 0.26 per cent, to settle at 898.72.
LONDON - Europe’s main stock markets slid in gloomy trading as investors reeled from grim US jobs data and looked ahead to a wave of company earnings results.
London’s FTSE 100 index closed 0.98 per cent or 41.37 points lower at 4,194.91 points.
FRANKFURT - Frankfurt’s DAX fell 56.39 points, or 1.2 per cent to 4,651.82 points.
PARIS - The CAC 40 fell 37.35 points, or 1.19 per cent, to 3,082.16.
TOKYO - Japanese share prices fell for a fourth straight session amid uncertainty about prospects for the economy and corporate earnings, dealers said.
The benchmark Nikkei-225 index dropped 135.2 points, or 1.38 per cent, to 9,680.87.
HONG KONG - The benchmark Hang Seng Index closed down 223.99 points, or 1.23 per cent, at 17,979.41.
WELLINGTON - The benchmark NZSX-50 index closed down 18.53 points, or 0.67 per cent, at 2,742.97.
SYDNEY - The Australian sharemarket is likely to open flat on Tuesday following a mixed lead from Wall Street and futures pointing down slightly.
At 0705 AEST on the Sydney Futures Exchange, the September share price index contract was down one point at 3,748.
In economic news, the Reserve Bank of Australia holds its monthly board meeting and is due to announce its decision on interest rate at 1430 AEST.
In data, the Australian Industry Group/Housing Industry Association Australian Performance of Construction Index for June also is due, and the Manpower/Melbourne Institute employment report for July also is scheduled for release.
On Monday, the Australian share market closed lower dragged down by weakness in the mining and energy sectors.
The benchmark S&P/ASX200 index fell 44.5 points, or 1.16 per cent, to 3,783.7 points, while the broader All Ordinaries index dropped 42.4 points, or 1.11 per cent, to 3,784.2 points.
NYMEX
Oil prices slumped, extending heavy losses seen last week as the market reconsidered prospects for a quick recovery from the global economic crisis after weak US labor market data.
Prices slumped despite a new pipeline attack in Nigeria, an important exporter of oil.
Meanwhile, France and Britain agreed to press Group of Eight partners to support a plan for stabilising the oil market.
New York’s main contract, light sweet crude for August delivery, shed $US2.68 to close at $US64.05 a barrel as trade resumed after a three-day holiday weekend in the United States.
Brent North Sea crude for delivery in August dropped $US1.56 to settle at the same level of $US64.05 a barrel in London trade.
COMEX
August gold fell $US6.70 to settle at $US924.30 an ounce, July silver lost 17 cents to $US13.238 an ounce, and July copper was down 4.3 cents to $US2.2625 a pound.
