Mixed Performance in U.S. Stock Indices as European Markets Rebound

U.S. stock indices showed mixed performance in early trading. According to RTHK, the Dow Jones Industrial Average was down 110 points, or 0.23%, at 48,390 points. The S&P 500 Index remained unchanged at 6,816 points, while the Nasdaq Composite Index rose by 77 points, or 0.34%, to 22,594 points. In Europe, stock markets rebounded earlier, with gains ranging from nearly 1% to over 2%. Italian and Spanish markets saw larger increases, while the UK market experienced smaller gains. Spot gold prices stabilized, briefly rising above $5,200 per ounce, marking an increase of over 2%. It was last reported at $5,176.69 per ounce, up approximately 1.8%. Oil prices showed a slight decline. The March contract for London Brent crude rose by 0.1% to $81.5 per barrel, while the April contract for New York crude fell by 0.15% to $74.45 per barrel.