US markets experienced a downturn Tuesday, concluding the trading day with losses across major indices. The Dow Jones Industrial Average settled at 34,633 points, reflecting a 0.5% decrease from the previous session.
Shortly before the close, the broader S&P 500 registered around 4,371 points, down 0.3%, while the Nasdaq 100 stood at approximately 14,308 points, showing a 0.2% decline.
A third round of negotiations between US and Chinese teams concerning future trade policies concluded in Sweden Tuesday without reaching a definitive outcome. Further discussions are planned. The current tariff suspension between China and the United States is expected to remain in place until August 22nd. US Treasury Under Secretary Scott Bessent indicated the possibility of extending this suspension by an additional 90 days.
The euro weakened against the dollar on Tuesday evening, trading at $1.1551, equivalent to €0.8657 per dollar.
Gold prices saw an increase, closing at $3,325 per fine ounce, representing a 0.4% gain. This translates to €92.56 per gram.
Oil prices surged notably during the session. Brent crude, a benchmark North Sea variety, reached $72.66 per barrel, a 3.7% jump compared to the previous day’s closing price.
