28th October 2021 Morning Report

US stock markets were mixed on Wednesday, with the Dow Jones Industrial Average and the S&P 500  declined 0.49% and 0.18% respectively, while the Nasdaq Composite added 0.37with investor concerns about the ability of companies to navigate supply-chain bottlenecks, labour shortages and rising price pressures, somewhat allayed. Out of the 192 companies that have reported earnings, 82.8% have beaten analyst expectations. 

Other overseas markets traded lower. Britain’s FTSE 100 lost 0.14% while Germany’s DAX 30 and France’s CAC 40 fell 0.32% and 0.21%, respectively. Japan’s Nikkei 225 slipped 0.03%, China’s Shanghai Composite fell 0.98% and Hong Kong’s Hang Seng tumbled 1.57%.

 West Texas Intermediate crude slid $1.36 to $83.29 a barrel and gold edged up $2.40 to $1,795.80 an ounce. The yield curve flattened with the US 10-year note lower at 1.543%.

Morning Report 28 October 2021

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

January 22nd Morning Report
January 20th Morning Report
January 17th Morning Report
January 15th Morning Report
January 14th Morning Report
January 13th Morning Report
January 10th Morning Report
January 9th Morning Report
January 8th Morning Report
January 6th Morning Report