After the most recent publication of jobs report data on Friday, September 1, the U.S. markets concluded with a mixed result.
The U.S. economy created 187,000 new jobs in August, slightly more than the revised July total of 157,000 and more than the 170,000 predicted. But in August, the jobless rate increased from 3.5% to 3.8%.
On Friday, the majority of S&P 500 sectors saw positive final results, with materials and energy stocks driving the gains.
The S&P 500 had a gain of 0.18% and ended the day at 4,515.77, while the Dow Jones Industrial Average saw a gain of 0.33% and settled at 34,837.71. The Nasdaq Composite, in contrast, experienced a decrease of 0.02% and closed its session at 14,031.82.
The Nikkei 225 index of Japan ended Tuesday’s trading session at 32,989.50 up 0.27%. According to official figures made public on Tuesday, household consumption fell 5.0% in July over the same period in the previous year.
The S&P/ASX 200 index for Australia decreased 0.06% to close at 7,314.30. Based on recent statistics, the central bank maintained rates at 4.10% and anticipates inflation will reach the target range of 2% to 3% by late 2025.
Shenzhen CSI 300 fell 0.74% to close at 3,820.32, and China’s Shanghai Composite ended the session at 3,154.37, down 0.71%.
To close at 18,422.00, the Hong Kong Hang Seng Stock Exchange saw a 2.28% decline.
From 54.1 in July to 51.8 in August, the Caixin/S&P Global services purchasing managers’ index decreased.
The STOXX 600 index for Europe fell by 0.22%.
The DAX index in Germany was down 0.29 percent most recently.
The CAC 40 index in France dropped by 0.46%.
August’s HCOB Eurozone Composite Purchasing Managers Index fell to 46.7 from 47 expected and 48.6 before. August’s Eurozone Services Purchasing Managers Index dropped to 47.9 from 48.3 expected and 50.9 from July.
The FTSE 100 in the UK traded 0.03 percent higher. U.K. Services Purchasing Managers Index for August 49.5 Compared to 48.7 Expectations; 51.5 Prior.
WTI crude oil prices were down 0.41% at $85.20 per barrel, while Brent prices were down 0.74% at $88.33 per barrel.
As a result of the news that LNG workers for Chevron Corp. (NYSE: CVX) in Australia intend to strike for two weeks, natural gas prices fell 4.88% to $2.63.
At $1,955.95 per ounce, Gold was down 0.57%, Silver was down 02.90%, and Copper was down 0.87%.