July 22nd Morning Report

Friday 22nd July 2022

US markets closed higher on Thursday as electric automaker Tesla rose on its stronger-than-expected quarterly results, which helped offset a slide in telecom and energy shares. The Dow Jones Industrial Average closed up 0.51%, while the S&P 500 and Nasdaq Composite were up 0.99% and 1.36% respectively.

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (+0.09%), the Dax 30 (-0.27%), CAC 40 (+0.27%) and the STOXX (+0.31%). In Asia, the Hang Seng and Shanghai indices closed higher. The key Asian indices ended yesterday as follows: Nikkei 225(+0.44%), HSI (-1.51%) and the Shanghai Composite (-0.99%).

The yield on the US 10 - year note was at 2.882%, while the 2 - year note was at 3.095%. Oil was down to $96.43 per barrel, down 3.45%. The gold price was at US$1718.10 per ounce, up 1.05%.

Morning Report 22 July 2022

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