December 17th Morning Report

The Nasdaq hit a record high on Monday and the S&P 500 also rose as investors assessed the latest economic data while awaiting the Federal Reserve's final policy announcement of the year later in the week to gauge the path of interest rates. 

The Dow Jones Industrial Average closed down 0.46%, while the S&P 500 and Nasdaq Composite were up 0.47% and  1.27%.

Other key markets ended lower. European stocks closed as follows: the FTSE100 (-0.46%), the Dax 30 (-0.45%), CAC 40 (-0.71%) and the STOXX (-0.42%). In Asia, the Hang Seng and Shanghai indices closed higher. The key Asian indices ended yesterday as follows: Nikkei 225(-0.03%), HSI (-0.88%) and the Shanghai Composite (-0.16%).

The yield on the US 10 - year note was at 4.397%, while the 2 - year note was at 4.245%. Oil was up to $69.81 per barrel, down 1.04%. The gold price was at US$2662.40 per ounce, up 0.25%. 

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