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November 27th Morning Report

Wednesday 27th November 2024

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US markets closed higher on Tuesday, as technology stocks rebounded, while investors parsed Donald Trump's tariff pledges on top trade partners and awaited minutes from the Federal Reserve's latest meeting.

The Dow Jones Industrial Average closed up 0.14%, while the S&P 500 and Nasdaq Composite were up 0.44% and  0.44%.

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (-0.40%), the Dax 30 (-0.56%), CAC 40 (-0.87%) and the STOXX (-0.79%). In Asia, the Hang Seng and Shanghai indices closed higher. The key Asian indices ended yesterday as follows: Nikkei 225(-0.87%), HSI (+0.04%) and the Shanghai Composite (-0.12%).

The yield on the US 10 - year note was at 4.306%, while the 2 - year note was at 4.258%. Oil was up to $68.42 per barrel, down 0.38%. The gold price was at US$2639.90 per ounce, up 0.41%. 



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