December 2nd Morning Report

Friday 2nd December 2022

US markets closed mixed on Thursday, as a selloff in Saleforce weighed on the Dow, while traders digested US data that suggested the Federal Reserve's interest rate hikes are working. The Dow Jones Industrial Average closed down 0.46%, while the S&P 500 and Nasdaq Composite were up 0.07% and up 0.30% respectively.

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (-0.19%), the Dax 30 (+0.65), CAC 40 (+0.23%) and the STOXX (+0.50%). In Asia, the Hang Seng and Shanghai indices closed mixed. The key Asian indices ended yesterday as follows: Nikkei 225(+0.92%), HSI (+0.75%) and the Shanghai Composite (+0.45%).

The yield on the US 10 - year note was at 3.521%, while the 2 - year note was at 4.236%. Oil was up to $81.43 per barrel, up 1.09%. The gold price was at US$1816.80 per ounce, up 3.23%.

Morning Report 2 December 2022

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