S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
US stocks closed mostly lower on Friday after stronger-than-expected labor market data gave the Fed more room to raise interest rates. The S&P 500 lost 0.4%, the Dow shed 272 points, while the Nasdaq added 0.2%. Nonfarm payrolls increased by 162K, above expectations for a gain of just over 50K jobs. Credit-sensitive sectors pulled back after the data as yields rebounded. Alphabet shed 1.1%, Microsoft lost 2%, Tesla tumbled 5.9%, and Palantir shed 4.5%, while JPMorgan retreated 0.9% and Visa fell 1%. Still, chipmakers rose after underperforming earlier in the week, helping to support the Nasdaq. Nvidia gained 0.8%, Micron rose 6.1%, Intel added 4.5%, and Marvell advanced 7% amid signs of optimism surrounding OpenAI’s new GPT model. Sandisk soared 11.9%, and AMD added 4.7%. On the week, the Dow dropped 0.3% while the S&P 500 added 0.1% and the Nasdaq rose 0.4%. The US stock market will be closed Monday for the Labor Day holiday.
