Monday 10th June 2024 |
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US markets closed slightly lower on Friday in choppy trading after stronger-than-expected US jobs data pointed to a robust economy but prompted worries the Federal Reserve may wait longer to cut interest rates than many investors had hoped. The Dow Jones Industrial Average closed down 0.22%, while the S&P 500 and Nasdaq Composite were down 0.11% and 0.23% respectively.
Other key markets ended lower. European stocks closed as follows: the FTSE100 (-0.48%), the Dax 30 (-0.51%), CAC 40 (-0.48%) and the STOXX (-0.35%). In Asia, the Hang Seng and Shanghai indices closed higher. The key Asian indices ended yesterday as follows: Nikkei 225(-0.05%), HSI (-0.59%) and the Shanghai Composite (+0.082%).
The yield on the US 10 - year note was at 4.434%, while the 2 - year note was at 4.726%. Oil was up to $75.38 per barrel, down 0.20%. The gold price was at US$2311.10 per ounce, down 0.60%.
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