January 9th Morning Report

Thursday 9th January 2025

The US markets rose on Wednesday, as investors digested the impact of two conflicting sets of jobs data and a report that said President-elect Donald Trump was mulling a national economic emergency declaration on inflation.

The Dow Jones Industrial Average closed up 0.06%, while the S&P 500 and Nasdaq Composite were up 0.02% and down 0.11%.

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (+0.07%), the Dax 30 (-0.05%), CAC 40 (-0.49%) 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(-0.26%), HSI (-0.86%) and the Shanghai Composite (+0.016%).

The yield on the US 10 - year note was at 4.673%, while the 2 - year note was at 4.277%. Oil was up to $72.57 per barrel, down 1.13%. The gold price was at US$2682.20 per ounce, up 0.32%.

January 9th Morning Report

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