April 28th Morning Report

Friday 28th April 2023

US markets closed higher on Thursday as a strong quarterly report from Facebook parent Meta Platforms Inc overshadowed concerns over slowing US economic growth. The Dow Jones Industrial Average closed up 1.57%, while the S&P 500 and Nasdaq Composite were up 1.96% and up 2.43% respectively.

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (-0.27%), the Dax 30 (+0.03%), CAC 40 (+0.23%) and the STOXX (+0.24%). In Asia, the Hang Seng and Shanghai indices closed mixed. The key Asian indices ended yesterday as follows: Nikkei 225(+0.15%), HSI (+0.42%) and the Shanghai Composite (+0.67%).

The yield on the US 10 - year note was at 3.528%, while the 2 - year note was at 4.08%. Oil was up to $74.88 per barrel, up 0.78%. The gold price was at US$1997.00 per ounce, up 0.05%.

Morning Report 28 April 2023

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