Global investors on Wednesday digested new data, policy statements, and earnings reports. In Europe, the British FTSE slipped 0.33%, the German DAX slipped 0.33%, the French CAC edged down 0.19%, and the broader STOXX 600 index dipped 0.36%. In the US, the Dow Jones Industrial Average (.DJI) slipped 0.74%, the tech-heavy Nasdaq Composite (.IXIC) was flat, and the broad S&P 500 (.INX) index dipped 0.51%.
Among US stocks in the S&P 500, the biggest losers today were led by pest control firm Rollins
The biggest gainers were led by solar energy firm Enphase Energy
In commodities markets, as of press time, the price of international Brent crude oil slipped 3.05%, and West Texas Intermediate (WTI) crude oil dipped 2.72% after the Energy Information Administration reported total domestic gasoline stocks declined 5.4 million barrels per day to 217.7 million. US natural gas futures jumped 5.76%, supported by forecasts for colder winter weather in several regions. The price of gold futures edged up 0.27%, silver eked up 0.15%, platinum dipped 1.97%, palladium slipped 2.16%, and copper slipped 2.18%. Also, coffee futures fell 3.65%, while corn futures climbed 2.62%. In crypto asset markets, the price of Bitcoin (BTC) fell 4.9% in a mild correction from recent record highs. Other major coins followed, as Ether (ETH) fell 6.3%, Binance Coin (BNB) tumbled 6.6%, Cardano (ADA) plunged 10.8%, and Solana (SOL) tumbled 7.9%.