VWO - Asia And Europe Rise Crude Oil Hovers Around $78 While Gold Rises - Global Market Overview While The US Slept | Benzinga
On Monday, February 26th, U.S. stock markets closed in red, turning attention from the previous week’s AI-driven surge to upcoming economic indicators.
Economic indicators showed a 0.3% drop in U.S. building permits to 1.489 million in January, while new single-family home sales rose by 1.5% to an annualized rate of 661,000.
The S&P 500 saw most sectors end lower, especially utilities, communication services, and real estate, while energy and consumer discretionary stocks outperformed, closing higher.
The Dow Jones Industrial Average declined by 0.16%, closing at 39,069.23, the S&P 500 fell 0.38% to reach 5,069.53, while the Nasdaq Composite was down 0.13%, concluding the trading day at 15,976.25.
Investors await economic updates on ...