Asia Mixed, Europe Up; Dollar Index Steady While Oil Ticks Higher - Global Markets Today While US Slept

On Thursday, Oct. 25, U.S. markets closed mixed. The Nasdaq and S&P 500 gained on Tesla’s surge and optimistic earnings forecast, adding $140 billion to its market cap.

Despite easing Treasury yields, sentiment remained cautious as other sectors declined on mixed corporate results.

According to the economic data, U.S. initial jobless claims fell by 15,000 to 227,000 for the week ending Oct. 19, below the expected 242,000. October’s S&P Global flash manufacturing PMI rose to 47.8, while services PMI increased to 55.3.

The S&P 500’s sectors closed largely negative, with materials, industrials, and utilities seeing the biggest losses. However, consumer discretionary and communication services stocks defied the trend, ...