October 2nd Morning Report

Wednesday 2nd October 2024

US markets ended lower on Tuesday, with the Nasdaq losing more than 1% as investors grew more cautious after Iran missiles as Israel.

The Dow Jones Industrial Average closed up 0.04%, while the S&P 500 and Nasdaq Composite were up 0.42% and 0.38%.

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (+0.48%), the Dax 30 (-0.58%), CAC 40 (-0.81%) and the STOXX (-0.93%). In Asia, the Hang Seng and Shanghai indices closed higher. The key Asian indices ended yesterday as follows: Nikkei 225(-4.80%), HSI (+2.43%) and the Shanghai Composite (+8.06%).

The yield on the US 10 - year note was at 3.735%, while the 2 - year note was at 3.61%. Oil was up to $68.25 per barrel, up 0.10%. The gold price was at US$2653.70 per ounce, down 0.54%.