Today’s Stock Market Overview: August 6, 2024

Last updated on December 23rd, 2024 at 03:17 pm

Today’s global stock markets showed mixed trends with most major indices experiencing declines. This overview reflects the market movements as of August 6, 2024.

US Markets

Dow Jones Futures: As of 5:52 AM IST, the Dow Jones Futures stood at 38,898.66, up by 199.38 points, a 0.52% increase. The index fluctuated between 38,499.27 and 39,056.19 throughout the day. The Dow Jones is showing a bearish trend.

S&P 500: The S&P 500 Futures was recorded at 5,186.33, down by 160.23 points or 3.00%. It ranged from 5,119.26 to 5,346.56. This significant drop indicates a bearish market sentiment.

Nasdaq: The Nasdaq Futures declined sharply to 16,200.08, losing 576.08 points, a 3.43% decrease. The index saw a range between 15,708.54 and 16,776.16, highlighting a bearish trend in tech stocks.

European Markets

FTSE: The FTSE 100 closed at 8,008.23 on August 5, 2024, dropping by 166.48 points, or 2.08%. The day’s range was from 7,915.94 to 8,174.71. The FTSE 100 is experiencing a bearish trend.

CAC 40: The CAC 40 index was at 7,148.99, down by 102.81 points, or 1.44%. It fluctuated between 7,029.91 and 7,251.80. The market sentiment is very bearish.

DAX: The DAX closed at 17,339.00, decreasing by 322.22 points, or 1.86%. The index’s range for the day was 17,024.82 to 17,661.22. This reflects a very bearish market outlook.

Asian Markets

GIFT NIFTY: As of 2:44 AM IST, the GIFT Nifty was at 24,124.00, a slight decrease of 19.00 points, or 0.08%. The index saw a low of 22,555.50 and a high of 24,143.00.

Nikkei 225: The Nikkei 225 index surged to 33,873.79, an increase of 2,415.37 points, or 7.68%. The range was between 32,077.33 and 34,070.00, showing a very bullish trend.

Straits Times: The Straits Times Index closed at 3,243.67, down by 137.78 points, or 4.25%. It ranged from 3,211.78 to 3,315.95. The index indicates a bearish trend.

Hang Seng: The Hang Seng Index stood at 16,698.36, a decrease of 247.15 points, or 1.48%. The day’s range was 16,441.44 to 16,944.59, reflecting a very bearish sentiment.

Taiwan Weighted: The Taiwan Weighted index saw a substantial decline to 19,830.88, dropping by 1,807.21 points, or 9.11%. The index ranged from 19,783.50 to 20,982.92, indicating a bearish outlook.

KOSPI: The KOSPI index was at 2,548.69, up by 107.14 points, or 4.39%. It ranged between 2,503.09 and 2,552.40, showing a bearish trend despite the increase.

SET Composite: The SET Composite closed at 1,274.67, a decline of 38.41 points, or 3.01%. The range for the day was from 1,273.17 to 1,296.11, reflecting a very bearish trend.

Jakarta Composite: The Jakarta Composite Index stood at 7,059.65, down by 248.47 points, or 3.52%. The index fluctuated between 6,998.81 and 7,257.48, showing a bearish market sentiment.

Shanghai Composite: The Shanghai Composite index was at 2,860.70, a decrease of 44.64 points, or 1.56%. The day’s range was from 2,860.70 to 2,919.03, indicating a very bearish outlook.