August 26th Morning Report

US markets closed higher on Thursday, lifted by gains by gains in Nvidia and other technology-related stocks as investors focused on the Federal Reserve's Jackson Hole conference for clues about the central bank's policy outlook. The Dow Jones Industrial Average closed up 0.98%, while the S&P 500 and Nasdaq Composite were up 1.41% and 1.67% respectively.

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (+0.11%), the Dax 30 (+0.39%), CAC 40 (-0.08%) and the STOXX (+0.19%). In Asia, the Hang Seng and Shanghai indices closed mixed. The key Asian indices ended yesterday as follows: Nikkei 225(+0.58%), HSI (+3.63%) and the Shanghai Composite (+0.97%).

The yield on the US 10 - year note was at 3.031%, while the 2 - year note was at 3.374%. Oil was up to $93.02 per barrel, down 1.97%. The gold price was at US$1771.80 per ounce, up 0.58%. 

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