Friday 7th October 2022 |
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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.
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