Stock Market Live Updates 12 June 2024: Asian stocks open lower following mixed performance in US markets

Stock Market Live Updates 12 June 2024: Asian stocks open lower following mixed performance in US markets

Sensex, Nifty, Share Prices LIVE: Asian stocks started lower on Wednesday, with the Nikkei 225 down 0.51% and the Topix index slipping 0.59%. However, South Korea’s KOSPI was trading 0.38% higher, and Australia’s S&P ASX/200 index dropped 0.65%. Oil prices maintained a two-day gain after data revealed a decrease in US crude stockpiles, with Brent futures near $82 a barrel and West Texas Intermediate above $78. Spot gold was trading just over $2,300 per ounce, marking a 12% increase year-to-date and staying about 6% below the record high reached last month. These fluctuations occurred after the US Dow slipped, despite the Nasdaq index and S&P climbing due to a surge in Apple shares. These market movements indicate a complex and dynamic global economic landscape.

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