Global Markets Report - 3 September

ASX set to open higher, while US markets were closed for the Labor Day holiday.

Morningstar

03 September 2024

Australia

Australian shares are set to open higher, while US markets were closed for the Labor Day holiday.

ASX futures were up 0.05% or 4 points as of 8:00am on Tuesday, suggesting a higher open.

U.S. markets were closed for the Labor Day holiday.

In commodity markets, Brent crude oil was up 0.8% to US$77.52 a barrel, while gold was flat at US$2,499.92.

The Australian dollar was at 67.75 US cents, up from its previous close of 67.62.

Asia

Chinese shares closed lower. The benchmark Shanghai Composite Index fell 1.1% to 2,811.04, and the Shenzhen Composite Index slipped 1.9% to 1,514.70.

Hong Kong shares ended lower. The benchmark Hang Seng Index lost 1.7% to 17,691.97.

Japanese shares closed higher. The Nikkei Stock Average added 0.1% to 38,700.87.

India shares ended higher. The BSE SENSEX rose 0.2% to 82,559.84.

Europe

Stocks in the U.K. finished lower. The FTSE 100 Index lost 0.2% to 8,363.84.

In Europe, shares closed higher. Germany's DAX added 0.1% to 18,930.85, and France's CAC 40 rose 0.2% to 7,646.42.

North America

U.S. markets were closed for the Labor Day holiday.

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Morningstar
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