Global Markets Wait and See as US Stocks Open Lower and Dollar Strengthens
Global markets remain in a wait-and-see mode as US stocks opened lower, with the Dow, S&P 500, and Nasdaq declining. The US dollar strengthened for the fourth consecutive day, supported by the Federal Reserve's hawkish stance, while Brent crude rose 1% amid ongoing US-Iran tensions. Spot gold fell below $4,300 per ounce, and Bitcoin rose over 1% to approximately $87,200. Meanwhile, Eurozone private sector activity expanded at its fastest pace in over three years, exceeding expectations.
Summaries are written by AI from the original article. Not investment advice.