US equity markets fell yesterday; gold prices touch $4000 per ounce

US equity markets fell yesterday. Amidst rising uncertainty, price of gold futures shot up to $4000 per ounce for the first time ever. Gold prices have risen by more than 50% in 2025. Nasdaq ended the day, yesterday, 7^th October, 2025, down by 153.30 points or 0.67%. Dow Jones ended the day, down by 91.99 points or 0.20%. S&P 500 ended the day, down by 25.69 points or 0.38%. Oracle and Tesla were major losers among technology stocks in US yesterday. Oracle shares fell by 2.52% yesterday. Tesla’s shares fell by 4.45%.  Meanwhile, Government shutdown in US continued for the 7^th day.

European markets ended on a flat note

European markets ended on a flat note, yesterday. Euro Stoxx 50 ended the day, down by 15.10 points or 0.27%. Dax ended the day, up by 7.49 points or 0.031%. FTSE 100 ended the day, up by 4.44 points or 0.047%.

Nikkei seeing some profit booking today

After the huge gains of the past two days, Nikkei 225 is seeing some profit booking today. At 9:00 a.m. IST, 8^th October, 2025, it is up by 14.41 points or 0.030%. Hang Seng is down sharply by 303.13 points or 1.12%. Markets in mainland China and South Korea are closed today because of Mid-Autumn festival holiday.

Indian equity markets saw gains in the first half yesterday, followed by profit booking in the second half. This pattern may be seen today. World Bank has raised India’s GDP growth estimate for FY26 to 6.5% from its earlier estimate of 6.3%.

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Source : Dow Jones