Adding to the caution, investors are looking ahead to the monthly government jobs report later today.<\/p>\n
European main indices closed mixed, with London\u2019s FTSE 100 losing 0.2% while Frankfurt and Paris climbed modestly.<\/p>\n
\u201cRising oil prices have crimped some of the optimism seen earlier in the week, but the price is still much lower than a week ago, providing a positive tailwind as we move into the second week of August,\u201d said Chris Beauchamp, chief market analyst at online trading and investing platform IG.<\/p>\n
Alcohol giant Diageo jumped 7% to top London\u2019s FTSE 100 index as it unveiled a cost-cutting plan to reverse sliding profits.<\/p>\n
Shares in the German industrial giant Siemens fell 5% in Frankfurt, but then pulled more than half of that back, after its profit forecasts fell short of investors\u2019 hopes.<\/p>\n
In Asia, tech-heavy indices were weighed down by concerns over the profitability of artificial intelligence investments after disappointing earnings from US giants SanDisk and Western Digital.<\/p>\n
Tech stocks staged a rally earlier this week after a month-long rout that slashed billions of dollars off valuations.<\/p>\n
Seoul, which has led the rout since June, shed more than 4% yesterday, led by a 10% plunge in SK Hynix and Samsung\u2019s loss of more than 6%.<\/p>\n
Tokyo\u2019s Nikkei, another tech-heavy index, lost nearly 1%, with chipmaker Kioxia down more than 10% and Tokyo Electron more than 5% lower.<\/p>\n
Hong Kong, Wellington, Manila and Taipei fell, but Shanghai, Sydney and Singapore rose.<\/p>\n
Key figures around 2020 GMT <\/p>\n
New York – DOW: DOWN 0.9% at 53,885.10 (close)<\/p>\n
New York – S&P 500: DOWN 0.2% at 7709.96 (close)<\/p>\n
New York – NASDAQ Composite: DOWN 0.1% at 26,348.35 (close)<\/p>\n
London – FTSE 100: DOWN 0.2% at 10,867.89 points (close)<\/p>\n
Paris – CAC 40: UP 0.4% at 8699.71 (close)<\/p>\n
Frankfurt – DAX: UP 0.1% at 26,140.18 (close)<\/p>\n
Tokyo – Nikkei 225: DOWN 0.9% at 65,683.26 (close)<\/p>\n
Hong Kong – Hang Seng Index: DOWN 1.5% at 25,530.28 (close)<\/p>\n
Shanghai – Composite: UP 0.6% at 3900.35 (close)<\/p>\n
Seoul \u2013 Kospi: DOWN 4.6% at 6296.38 (close)<\/p>\n
Dollar\/yen: UP at \u00a5158.40 from \u00a5157.75 on Wednesday<\/p>\n
Euro\/dollar: DOWN at US$1.1524 from US$1.1553 ($1.96 from $1.98)<\/p>\n
Pound\/dollar: DOWN at US$1.3456 from US$1.3468<\/p>\n
Euro\/pound: DOWN at 85.65 pence from 85.78p<\/p>\n
Brent North Sea Crude: UP 3.8% at US$82.49 a barrel<\/p>\n
West Texas Intermediate: UP 2.8% at US$77.29 a barrel<\/p>\n
– AFP<\/p>\n","protected":false},"excerpt":{"rendered":"Adding to the caution, investors are looking ahead to the monthly government jobs report later today. European main…\n","protected":false},"author":2,"featured_media":561288,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[6030,9344,806,276168,9218,138,3105,1122,20300,1437,13484,220,12235,111,139,69,4156,3333,12937,8145,26777,9939,781,643,165,276167,9938,810,1352,376,6123,11587],"class_list":["post-561287","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-again","tag-announcement","tag-as","tag-barrelled","tag-before","tag-business","tag-data","tag-employment","tag-extending","tag-global","tag-higher","tag-markets","tag-mixed","tag-new-zealand","tag-newzealand","tag-nz","tag-oil","tag-price","tag-prices","tag-run","tag-shoots","tag-states","tag-stock","tag-stocks","tag-their","tag-tread","tag-united","tag-up","tag-volatile","tag-water","tag-while","tag-yesterday"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/561287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=561287"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/561287\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/561288"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=561287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=561287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=561287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}