The US stock markets showed mixed performance on Thursday. By the close in New York, the Dow Jones reached 51,562 points, a gain of 1.7 percent compared to the previous trading day. Shortly beforehand, the broader S&P 500 index was up 0.4 percent, while the technology-focused Nasdaq 100 calculated around 30,408 points, marking a 0.5 percent decline.
Although the Dow achieved a record high on Thursday, the excitement surrounding “Artificial Intelligence” stocks was somewhat dampened by the quarterly figures released by the semiconductor and software company Broadcom. Despite reporting a revenue increase of approximately 48 percent year-over-year, the performance failed to convince investors because the forecast for revenue related to AI chips came in below analyst expectations.
Turning to global markets, the euro strengthened slightly on Thursday evening, trading at $1.1611 per dollar. Conversely, the dollar could be exchanged for €0.8613. Gold prices benefited from the market movements, with fine ounces trading at $4,478 in the evening, a gain of 1.0 percent. This translates to a price of €123.99 per gram.
Meanwhile, oil prices experienced a sharp decline. At approximately 10 PM German time on Thursday, a barrel of Brent crude from the North Sea cost $95.21, representing a drop of 2.7 percent or 260 cents from the previous day’s closing price.
