US stock markets declined on Tuesday. At the close in New York, the Dow averaged 53,791 points, marking a 0.3 percent drop compared to the previous trading day. Moments earlier, the broader S&P 500 was also down 0.3 percent at approximately 7,730 points, while the technology-focused Nasdaq 100 registered a loss of 0.3 percent, calculating at nearly 29,525 points.
Geopolitical tensions, particularly the conflict involving Iran, continue to dominate discussions on Wall Street. Despite recent cautiously optimistic remarks from Pakistan regarding a possible agreement between the US and Iran, investors are preferring to remain cautious, largely because new demands are frequently made public in the midst of negotiations.
Meanwhile, the European common currency weakened slightly on Tuesday evening. The Euro traded at $1.1543 per US dollar, and conversely, one dollar bought 0.8663 Euros.
Gold prices softened, with fine ounces trading for $4,369 at evening time, a decrease of 0.5 percent. This equated to a price of 121.70 Euros per gram.
In contrast, oil prices rose significantly. A barrel of North Sea Brent crude cost $89.11 at 10 PM German time on Tuesday, representing an increase of 1.6 percent from the previous day’s closing figures.
