Wednesday 13th September 2023 |
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US markets closed lower on Tuesday as Oracle shares tumbled more than 13% after a weak forecast and surging oil prices deepened worries about persistent price pressues ahead of crucial inflation readings this week. The Dow Jones Industrial Average closed up 0.25%, while the S&P 500 and Nasdaq Composite were up 0.67% and 1.14% respectively.
Other key markets ended mixed. European stocks closed as follows: the FTSE100 (+0.41%), the Dax 30 (-0.54%), CAC 40 (-0.35%) and the STOXX (-0.28%). In Asia, the Hang Seng and Shanghai indices closed lower. The key Asian indices ended yesterday as follows: Nikkei 225(+0.95%), HSI (-0.39%) and the Shanghai Composite (-0.18%).
The yield on the US 10 - year note was at 4.28%, while the 2 - year note was at 5.02%. Oil was up to $88.82 per barrel, up 1.75%. The gold price was at US$1935.90 per ounce, down 0.58%.
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