October 7th Morning Report

Us market closed higher on Thursday as concerns mounted ahead of closely watched monthly nonfarm payrolls numbers that the Federal Reserve's aggressive interest rates stance will lead to a recession. The Dow Jones Industrial Average was down 1.03%. The S&P 500 and the Nasdaq Composite was down 0.83% and 0.45% respectively.

In Europe key markets ended lower. The FTSE100 was down 0.78% , while the DAX30 was down 0.37% and the CAC40 was down 0.82%, the STOXX600 was down 0.41%. 

 Asian markets ended mixed. The Shanghai Composite (-0.55%) and the Hong Kong Hang Seng (-0.42%) were down, while the Nikkei 225 (+0.70%) and South Korea’s KOSPI (+1.02%) were up. 

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

November 22th Morning Report
November 19th Morning Report
November 18th Morning Report
November 15th Morning Report
November 14th Morning Report
November 13th Morning Report
November 12th Morning Report
November 11th Morning Report
November 8th Morning Report
November 7th Morning Report