NEW YORK, New York - U.S. stocks reversed course Thursday after ratcheting up gains earlier in the week. U.S. Treasury yields continued to soften with the 10-year note falling to 10.45 percent.
Major losers Thursday were Cisco and Walmart.
While the S&P 500 showed marginal downward movement, the Dow Jones and NASDAQ Composite indices faced relatively modest declines.
Here's a recap of the closing stock market quotes for the day:
S&P 500 (^GSPC): The Standard and Poor's 500 closed at 4,501.32, experiencing a minor dip of 1.56 points, equivalent to a decrease of -0.03 percent. The market saw a robust trading volume of 1.616 billion shares.
Dow Jones Industrial Average (^DJI): The Dow Jones Industrial Average concluded the day at 34,862.77, facing a decline of 128.44 points or -0.37 percent. The trading session witnessed a total volume of 300.011 million shares.
NASDAQ Composite (^IXIC): The NASDAQ Composite closed at 14,097.03 Thursday, registering a modest decrease of 6.81 points, reflecting a change of -0.05 percent. The market activity was robust with a trading volume of 3.011 billion shares.
Global Foreign Exchange Market: Currency Movements on Thursday
Thursday's foreign exchange market was characterized by a dynamic interplay of major currencies, reflecting the ever-changing landscape of global economics. Here's a summary of the latest foreign exchange market quotes for the day:
EUR/USD (Euro / US Dollar): The euro exhibited marginal gains against the U.S. dollar, settling at 1.0854. This marked an increase of 0.0008, representing a rise of 0.07 percent.
USD/JPY (US Dollar / Japanese Yen): The Japanese Yen gained ground against the greeback Thursday, edging up to 150.607. This resulted in an increase of 0.71, equivalent to a gain of 0.47 percent.,
USD/CAD (US Dollar / Canadian Dollar): The Canadian Dollar slipped to 1.37590. This indicated a loss of 0.0077, reflecting a decline of 0.56 percent.
GBP/USD (British Pound / US Dollar): The British pound experienced minimal fluctuations against the dollar, settling at 1.2417. This resulted in a marginal increase of 0.00013, equivalent to a rise of 0.01 percent.
USD/CHF (US Dollar / Swiss Franc): The Swiss Franc on Thursday rose 0.09 percent or 0.0008 to 0.88871.
AUD/USD (Australian Dollar / US Dollar): The Australian dollar faced a decline against the U.S. dollar, falling to 0.6473. This resulted in a decrease of 0.0035, equivalent to a decline of 0.54 percent.
NZD/USD (New Zealand Dollar / US Dollar): The New Zealand dollar showed a notable decline as well, falling to 0.5978. This marked a decrease of 0.0044, representing a decline of 0.74 percent.
Global Stock Markets End Mostly Lower Thursday
Here's a roundup of the latest world stock market quotes for the day:
S&P/TSX Composite Index (^GSPTSE): Canada's S&P/TSX Composite index closed at 20,034.27, experiencing a slight dip of 23.62 points, equivalent to a decrease of -0.12 percent. The trading volume for the day stood at 119.522 million shares.
FTSE 100 (^FTSE): The London Stock Exchange's flagship index, FTSE 100, faced a challenging day as it closed at 7,410.97, registering a decline of 75.94 points, or -1.01 percent.
DAX PERFORMANCE-INDEX (^GDAXI): Germany's DAX index exhibited resilience, concluding the day at 15,786.61, marking an increase of 38.44 points, or +0.24 percent.
CAC 40 (^FCHI): France's CAC 40 experienced a dip, settling at 7,168.40 with a decrease of 41.21 points, equivalent to -0.57 percent.
ESTX 50 PR.EUR (^STOXX50E): The Eurozone's ESTX 50 PR.EUR exhibited relative stability Thursday, closing at 4,302.45, with a marginal decline of 13.08 points, or -0.30 percent.
Euronext 100 Index (^N100): The Euronext 100 Index closed at 1,336.09, experiencing a decrease of 11.72 points, or -0.87 percent.
BEL 20 (^BFX): Belgium's BEL 20 index faced a moderate decline, settling at 3,506.41, down by 24.79 points, or -0.70 percent.
MOEX Russia Index (IMOEX.ME): Russia's MOEX Index faced a slight setback, closing at 2,222.51, down by 4.14 points or -0.19 percent.
Nikkei 225 (^N225): Japan's Nikkei 225 faced a marginal setback Thursday, closing at 33,424.41, down by 95.29 points or -0.28 percent.
HANG SENG INDEX (^HSI): The Hang Seng Index in Hong Kong faced substantial headwinds, closing at 17,832.82, marking a decline of 246.18 points, or -1.36 percent.
SSE Composite Index (000001.SS): China's SSE Composite Index faced a minor decline, closing at 3,050.93 with a loss of 21.91 points, or -0.71 percent.
Shenzhen Index (399001.SZ): The Shenzhen Index in China recorded a decline of 123.56 points, or -1.23 percent, settling at 9,954.40.
STI Index (^STI): Singapore's STI Index witnessed marginal gains, closing at 3,133.05, up by 0.93 points, or +0.03 percent.
S&P BSE SENSEX (^BSESN): India's S&P BSE SENSEX closed at 65,982.48 Thursday, marking an increase of 306.55 points, or +0.47 percent.
NIFTY 50 (^NSEI): India's NIFTY 50 closed at 19,765.20, up by 89.75 points, or +0.46 percent.
IDX COMPOSITE (^JKSE): Indonesia's IDX Composite faced marginal fluctuations, closing at 6,958.01, with minimal change of -0.20 points or -0.00 percent.
FTSE Bursa Malaysia KLCI (^KLSE): Malaysia's FTSE Bursa Malaysia KLCI experienced a slight dip, closing at 1,464.68, down by 2.16 points, or -0.15 percent.
KOSPI Composite Index (^KS11): South Korea's KOSPI Composite Index closed at 2,488.18, up by 1.51 points, or +0.06 percent.
TSEC weighted index (^TWII): Taiwan's TSEC weighted index closed at 17,171.18 Thursday, marking an increase of 42.40 points, or +0.25 percent.
S&P/ASX 200 (^AXJO): Australia's S&P/ASX 200 index experienced a downturn, closing at 7,058.40, down by 47.50 points or -0.67 percent.
ALL ORDINARIES (^AORD): Australia's ALL ORDINARIES index experienced a dip, closing at 7,269.50 Thursday, down by 47.20 points, or -0.65 percent.
S&P/NZX 50 INDEX GROSS (^NZ50): New Zealand's S&P/NZX 50 INDEX GROSS closed at 11,230.87, facing a decline of 121.97 points, or -1.07 percent.
Top 40 USD Net TRI Index (^JN0U.JO): South Africa's Top 40 USD Net TRI Index faced a notable decrease, closing at 3,972.99 with a loss of 84.64 points, equivalent to -2.09 percent.
TA-125 (^TA125.TA): Israel's TA-125 index recorded positive gains Thursday, closing at 1,743.31, up by 19.46 points, or +1.13 percent.
EGX 30 Price Return Index (^CASE30): Egypt's EGX 30 Price Return Index witnessed positive momentum, closing at 24,383.30, with an increase of 244.50 points, or +1.01 percent, on a trading volume of 294.703 million.