April 4th Morning Report

Tuesday 4th April 2023

US markets closed higher on Monday, lifted by energy stocks following surprise cuts to the OPEC + group's oil output target, while Tesla tumbled after its electric vehicle delieveries for the first quarter disappointed investors. The Dow Jones Industrial Average closed up 0.98%, while the S&P 500 and Nasdaq Composite were up 0.37% and down 0.27% respectively.

Other key markets ended higher. European stocks closed as follows: the FTSE100 (+0.54%), the Dax 30 (-0.31%), CAC 40 +0.32%) and the STOXX (-0.09%). In Asia, the Hang Seng and Shanghai indices closed mixed. The key Asian indices ended yesterday as follows: Nikkei 225(+0.52%), HSI (+0.04%) and the Shanghai Composite (+0.72%).

The yield on the US 10 - year note was at 3.415%, while the 2 - year note was at 3.97%. Oil was up to $80.50 per barrel, up 6.38%. The gold price was at US$2001.60 per ounce, up 0.78%.

Morning Report 4 April 2023

Comments from our readers

No comments yet