Crude Oil Drops 5% On Demand Concerns, Asia And Europe Markets Mixed - Global Markets Today While US Slept

On Monday, October 14th, U.S. markets closed higher as the S&P 500 and Dow reached new record highs. Semiconductors led the rally, with Arm Holdings and Nvidia rising.

Despite lower trading volume due to a federal holiday, the market gained momentum from positive third-quarter earnings reports from major banks.

Most S&P 500 sectors closed higher, led by gains in tech, real estate, and utilities, while energy stocks declined.

The Dow Jones Industrial Average gained 0.47% and closed at 43,065.22. The S&P 500 ended the day higher by 0.77% at 5,859.85, and the Nasdaq Composite rose 0.87%, finishing the session at 18,502.69.     

Asia Markets Today

On Tuesday, Japan’s Nikkei 225 closed higher by 0.87% at 39,950.50, led by gains in the Shipbuilding, Retail, and Transportation Equipment sectors.

Australia’s S&P/ASX 200 ...