Wednesday 16th March 2022 |
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US markets closed higher on Tuesday as crude oil prices retreated, while Federal Reserve is expected to raise the interest rate soon.
The Dow Jones Industrial Average closed up 1.87%, while the S&P 500 and Nasdaq Composite were down 2.11% and 2.83%, respectively.
Other key markets ended mixed. European stocks closed as follows: the FTSE100 (-0.25%), the Dax 30 (-0.09%), CAC 40 (-0.23%) and the STOXX (-0.08%). In Asia, the Hang Seng and Shanghai indices ended mixed. The key Asian indices ended yesterday as follows: Nikkei 225(+0.15%), HSI (-5.72%) and the Shanghai Composite (-4.95%).
The yield on the US 10 - year note was at 2.149%, while the 2 - year note was at 1.853%. Oil was down to $99.05 per barrel, down 7.34%. The gold price was at US$1916.92 per ounce, down 1.82%.
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