Thursday 2nd February 2023 |
Text too small? |
US markets closed lower on Wednesday in choppy trade, bouncing off session lows hit when the Federal Reserve increased interest rates by a quarter of a percentage point and said it expects "ongoing increases" in borrowing costs as it keeps battling high inflation. The Dow Jones Industrial Average closed down 0.39%, while the S&P 500 and Nasdaq Composite were up 0.34% and 0.89% respectively.
Other key markets ended mixed. European stocks closed as follows: the FTSE100 (-0.14%), the Dax 30 (+0.35), CAC 40 (-0.07%) and the STOXX (+0.19%). In Asia, the Hang Seng and Shanghai indices closed higher. The key Asian indices ended yesterday as follows: Nikkei 225(+0.07%), HSI (+1.05%) and the Shanghai Composite (+0.90%).
The yield on the US 10 - year note was at 3.413%, while the 2 - year note was at 4.133%. Oil was up to $76.36 per barrel, down 3.18%. The gold price was at US$1938.10 per ounce, down 0.38%.
No comments yet
August 9th Morning Report
August 6th Morning Report
July 30th Morning Report
July 19th Morning Report
July 17th Morning Report
July 16th Morning Report
July 15th Morning Report
July 11th Morning Report
July 8th Morning Report
July 4th Morning Report