Singapore Stock Market Likely to Stay Unchanged on Wednesday

Singapore Stock Market Performance: The Singapore stock market ended a two-day decline, with the Straits Times Index rising 52.12 points or 1.20% to close at 4,381.05, driven by gains in financial shares, property stocks, and REITs.

Global Market Outlook: The global forecast for Asian markets remains uncertain, with mixed performances in European and U.S. markets, as traders are cautious due to ongoing U.S.-China trade tensions and a government shutdown.

U.S. Market Reactions: The Dow Jones Industrial Average rose by 218.16 points or 0.47% to a record high, influenced by strong earnings reports from major companies, while the NASDAQ and S&P 500 showed minimal changes.

Crude Oil Prices: Crude oil prices increased as easing trade tensions between the U.S. and China outweighed concerns about a stronger dollar and excess supply, with West Texas Intermediate crude rising to $57.90 per barrel.