20th April 2022 Morning Report

Wednesday 20th April 2022

US markets closed higher on Tuesday as the latest round of corporate earnings is stronger than expected while the downgrade to global economic growth still pushes bond yields higher. The Dow Jones Industrial Average closed up 1.45%, while the S&P 500 and Nasdaq Composite were up 1.61% and 2.15% respectively.

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (-0.20%), the Dax 30 (-0.07%), CAC 40 (-0.83%) and the STOXX (-0.47%). In Asia, the Hang Seng and Shanghai indices closed lower. The key Asian indices ended yesterday as follows: Nikkei 225 (+0.69%), HSI (-2.28%) and the Shanghai Composite (-0.047%).

The yield on the US 10 - year note was at 2.94%, while the 2 - year note was at 2.598%. Oil was down to $107.4 per barrel, up 5.06%. The gold price was at US$1949.46 per ounce, down 1.42%.

Morning Report 20 April 2022

Comments from our readers

No comments yet