FLAX - Asia And Europe Markets Dip Crude Oil Nears $71 - Global Markets Today While US Was Sleeping | Benzinga
On Tuesday, January 16th, U.S. stock markets closed lower, influenced by mixed results from Morgan Stanley (NYSE:MS) and Goldman Sachs (NYSE:GS) impacting banking stocks, along with declines in Boeing Co (NYSE:BA) and Apple Inc (NASDAQ:AAPL) affecting the S&P 500.
Related: Morgan Stanley Reports Q4 Results, Joins Boeing, Alcoa, And Other Big Stocks Moving Lower On Tuesday
In economic data, the NY Empire State Manufacturing Index dropped to -43.7 in January, its lowest since May 2020.
The S&P 500 mostly closed lower, with energy and materials sectors leading the fall, while information technology stocks ended higher.
The Dow Jones Industrial Average declined 0.62%, closing at 37,361.12. In contrast, the S&P 500 dropped 0.37% to 4,765.98, while the Nasdaq Composite slipped 0.19%, ending the session at 14,944.35.
Asian Markets Today
- On Wednesday, Japan’s Nikkei 225 index closed the session lower ...