Nasdaq higher as Dow, S&P decline at midday
Wall Street was mixed in midday trade on Tuesday. The Dow Jones Industrial Average was 0.1 percent lower to 13,745.24 after falling even more earlier in the session, and the S&P 500 had dropped 0.34 percent to 1,512.61, but the Nasdaq Composite was 0.04 percent higher to 2,668.9.
European equities markets declined on Tuesday as commodities-related shares fell with oil and metals prices. The Eurofirst 300 fell 1.04 percent to 1,529.91. The Dax dropped 0.24 percent to 7,769.44, while the CAC-40 was 0.89 percent lower to 5,641.59 and the IBEX was down 1.3 percent to 14,304.8. London’s markets also declined, with the FTSE 100 down 1.07 percent to 6,396.9 and the FTSE 250 closing at 10,853.2, a drop of 1.7 percent.
Asia-Pacific equities markets were mixed. Tokyo markets came back from Monday’s holiday with gains. The Nikkei 225 was up 0.55 percent to 16,401.73, while the Topix index added 0.95 percent to 1,566.83 and the Mothers market added 0.88 percent to 631.45. Other gainers included Australia markets, where the Sydney Ordinaries added 0.46 percent to 6,490.9 and the S&P/ASX200 gained 0.49 percent to 6,483 for the second record high close in a row. In India, the Sensex was also higher, up 0.32 percent to 16,889.54.
Decliners in the Asia-Pacific region included the Straits Times index in Singapore and Hong Kong’s Hang Seng index. The STI was down 0.39 percent to 3,624.83 while the Hang Seng dropped 0.46 percent to 26,430.29 respectively. The Shanghai Composite fell 1.08 percent to 5,425.88. Markets in South Korea and Taiwan remained closed for holidays.
Crude oil prices fell more than $1 in both London and New York, with West Texas Intermediate prices falling below $80 for the first time in a few days. Metals prices also dropped, while in agricultural commodities wheat prices were up at last report but corn and soybeans were lower in afternoon trade.
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