July 20th Morning Report

Thursday 20th July 2023

US markets closed higher on Wednesday, with the blue-chip Dow registering its eighth straight day of gains as investors gauged the latest round of corporate earnings, but a decline in Microsoft held the Nasdaq near the unchanged mark. The Dow Jones Industrial Average closed up 0.31%, while the S&P 500 and Nasdaq Composite were up 0.24% and 0.03% respectively.

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (+1.80%), the Dax 30 (-0.10%), CAC 40 (+0.11%) and the STOXX (-0.17%). In Asia, the Hang Seng and Shanghai indices closed lower. The key Asian indices ended yesterday as follows: Nikkei 225(+1.24%), HSI (-0.33%) and the Shanghai Composite (+0.032%).

The yield on the US 10 - year note was at 3.748%, while the 2 - year note was at 4.768%. Oil was up to $75.36 per barrel, down 0.51%. The gold price was at US$1980.80 per ounce, up 0.00%.

Morning Report 20 July 2023

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