Tuesday 28th March 2023 |
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US markets closed higher in Monday afternoon trading as a deal for Silicon Valley Bank's assets helped investor confidence in banks, while the Nasdaq edged lower. The Dow Jones Industrial Average closed up 0.71%, while the S&P 500 and Nasdaq Composite were up 0.32% and down 0.28% respectively.
Other key markets ended lower. European stocks closed as follows: the FTSE100 (-1.26%), the Dax 30 (+0.74%), CAC 40 +0.90%) and the STOXX (+0.82%). In Asia, the Hang Seng and Shanghai indices closed lower. The key Asian indices ended yesterday as follows: Nikkei 225(+0.33%), HSI (-1.75%) and the Shanghai Composite (-0.44%).
The yield on the US 10 - year note was at 3.543%, while the 2 - year note was at 4.023%. Oil was up to $72.80 per barrel, up 5.11%. The gold price was at US$1958.20 per ounce, down 1.29%.
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