Tuesday 5th September 2023 |
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US markets closed mixed on Friday after a jump in unemployment cemented expectations of a pause in interest rate hikes this month, while shares of media companies tumbled due to a rate dispute between Disney and Charter. The Dow Jones Industrial Average closed up 0.33%, while the S&P 500 and Nasdaq Composite were up 0.18% and down 0.02% respectively.
Other key markets ended mixed. European stocks closed as follows: the FTSE100 (-0.16%), the Dax 30 (-0.10%), CAC 40 (-0.24%) and the STOXX (-0.06%). In Asia, the Hang Seng and Shanghai indices closed lower. The key Asian indices ended yesterday as follows: Nikkei 225(+0.70%), HSI (+2.51%) and the Shanghai Composite (+1.40%).
The yield on the US 10 - year note was at 4.181%, while the 2 - year note was at 4.876%. Oil was up to $85.98 per barrel, up 0.50%. The gold price was at US$1964.20 per ounce, down 0.15%.
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