Asia And Europe Markets In Red; Oil Recovers Slightly, Gold Nears $2,700 - Global Markets Today While US Slept

On Tuesday, October 15th, U.S. markets closed lower, with the Nasdaq dropping 1% as chip stocks, including Nvidia and ASML, fell on demand concerns. The energy sector also declined as oil prices slid. Earnings results were mixed, with financials outperforming while healthcare disappointed.

Related: Chipmaker Stocks Sink On ASML Earnings Leak, Oil Eyes Worst 1-Day Drop This Year, Small Caps Rally: What’s Driving Markets Tuesday?

In economic data, the NY Empire State Manufacturing Index dropped to -11.9 in October, down from 11.5 in the prior month, exceeding market expectations of 3.8.

Most S&P 500 sectors closed lower, with technology, energy, and healthcare leading losses, while real estate and consumer staples finished higher.

The Dow Jones Industrial Average declined ...