In New York markets on the 22nd, the Nasdaq Composite closed at a new all-time high, while the Dow fell back. Crude oil declined, while the euro faced notable resistance on the upside against the dollar.
At the close on the 22nd, the Nasdaq Composite Index remained higher than the previous day and finished trading at an all-time high. The Dow Jones Industrial Average fell back, with the broader equity market softening relative to the tech-heavy Nasdaq. Semiconductor-related stocks stood out on the upside, while selling emerged first in some large-cap and financial stocks.
In foreign exchange markets, dollar/yen briefly extended its modest gains for a third consecutive day, but was influenced by reports on the situation in Iran and movements in US long-term interest rates. Euro/dollar rose temporarily before facing resistance on the upside. The preliminary European consumer confidence reading weighed on the market as a daily factor.
In oil markets, WTI futures continued to decline. US long-term interest rates also fell again at times against the backdrop of remarks by President Trump, and the decline in oil prices affected developments in the bond market as well. Gold futures continued to fall amid heightened concerns about inflation.
In the US Treasury market, the long end fell back, although buying was also seen against the backdrop of easing concerns over the situation in Iran and the decline in WTI. The 10-year US Treasury yield moved only slightly, at 4.96%.
As key market indicators, the Dow stood at 51863.69, the Nasdaq at 27244.28, dollar/yen fluctuated modestly around ¥157.39, and euro/dollar moved around $1.1449. Crude oil futures stood at $94.59 per barrel, while gold futures were at $4376.4.