Friday 1st March 2024 |
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US markets closed higher on Thursday, lifted by Nvidia and other technology stocks linked to AI, while investors assessed inflation data and Federal Reserve officials' comments to gauge when the central bank might begin cutting interest rates. The Dow Jones Industrial Average closed down 0.03%, while the S&P 500 and Nasdaq Composite were up 0.32% and up 0.59% respectively.
Other key markets ended mixed. European stocks closed as follows: the FTSE100 (+0.07%), the Dax 30 (+0.44%), CAC 40 (-0.34%) and the STOXX (-0.12%). In Asia, the Hang Seng and Shanghai indices closed mixed. The key Asian indices ended yesterday as follows: Nikkei 225(-0.11%), HSI (-0.15%) and the Shanghai Composite (+1.94%).
The yield on the US 10 - year note was at 4.252%, while the 2 - year note was at 4.648%. Oil was up to $78.01 per barrel, down 0.67%. The gold price was at US$2053.70 per ounce, up 0.54%.
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