Wednesday 23rd April 2025 |
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The US markets rebounded on Tuesday as a spate of quarterly earnings reports and hints at the de-escalation of US-China trade tensions brought buyers in from the sidelines.
The Dow Jones Industrial Average up 2.66%, while the S&P 500 and Nasdaq Composite were up 2.51% and 2.71% respectively.
Other key markets ended higher. European stocks closed as follows: the FTSE100 (+0.64%), the Dax 30 (+0.41%), CAC 40 (+0.56%) and the STOXX (+0.53%). In Asia, the Hang Seng and Shanghai indices closed higher. The key Asian indices ended yesterday as follows: Nikkei 225(-0.17%), HSI (+0.78%) and the Shanghai Composite (+0.25%).
The yield on the US 10 - year note was at 4.401%, while the 2 - year note was at 3.821%. Oil was up to $63.54 per barrel, up 1.81%. The gold price was at US$3392.00 per ounce, down 0.97%.
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