US markets closed mixed on Monday, with tech earnings and trade negotiations causing caution. Data showed TX manufacturing weakening. Asian markets mostly up.
Amid trade war concerns, China is increasing imports of oil and liquefied natural gas ahead of potential sanctions, aiming to secure affordable oil supplies.
US markets closed higher on Friday, led by AI-related megacaps. Economic data showed weak consumer sentiment. Asian markets also rose despite trade uncertainty.
The US natural gas prices fell to $2.9/MMBtu, the lowest in five months, amid lower gas prices in major European and Asian centers amid oversupply and uncertain demand due to macroeconomic factors.
US markets rose on tech strength and trade hopes. Nasdaq led gains, while data showed mixed economic results. Asia markets traded mixed. Commodity prices were lower, and US futures were mixed.
Risk assets staged a recovery yesterday amid growing hopes for a de-escalation in US-China trade tensions. President Trump also eased concerns he might fire Federal Reserve Chair Powell.
Markets close higher on strong earnings and trade optimism. S&P 500 surges 2.5%, tech stocks lead. Futures and oil prices also rise on Trump's remarks.
WTI crude prices fell by 2.5% to $63.1 a barrel on Monday as easing tensions between the US and Iran raised the likelihood that more Iranian oil would return to the market.
On Apr 21, US markets closed lower as Trump criticized Fed chair, tech stocks led sell-off. Trade tensions with China & upcoming earnings reports weighed on sentiment. All 11 sectors in S&P 500 ended in red. DJIA -2.48%, S&P 500 -2.36%, Nasdaq -2.55%. Dollar fell on Trump's pressure on Fed, gold hit record high.
