US stock markets presented a mixed performance on Thursday, concluding the trading day with diverging results across key indices. The Dow Jones Industrial Average edged lower, closing at 44,694 points, a decrease of 0.7% from the previous day’s close.
In contrast, the broader S&P 500 demonstrated resilience, finishing at 6,363 points, marking a modest increase of 0.1%. The technology-focused Nasdaq 100 showed even stronger gains, closing at 23,220 points, a positive change of 0.3%.
Within the technology sector, several stocks achieved new all-time highs during the session. This momentum was partly fueled by the release of fresh data from Alphabet, Google’s parent company, indicating robust demand in the artificial intelligence sector. The data appeared to bolster investor confidence in existing technologies.
The euro weakened slightly against the US dollar on Thursday evening, trading at $1.1762, equivalent to €0.8502 per dollar.
Gold also experienced a downward trend, with the spot price for a fine ounce falling to $3,371 (-0.4%). This translates to approximately €92.14 per gram.
Bucking the general trend, the price of crude oil rose significantly. Brent North Sea crude was trading at $69.35 per barrel as of approximately 10:00 PM German time, a rise of $0.84, or 1.2% above the previous day’s closing price.