Tuesday 23rd November 2021 |
Text too small? |
Both the S&P 500 and the Nasdaq Composite rose to new all - time highs, with the Dow Jones Industrial Average also up on Monday, after Jerome Powell was re-nominated Federal reserve Chair for a second term, which pleased the markets as it represents continuity, stability and some predictability about the current monetary policy for the year ahead. The DJIA and the S&P500 were up 0.71% and 0.51% was up 0.71% respectively, while the Nasdaq composite was 0.31% down.
Other leading world markets were mixed with Britain’s FTSE up 0.44%, while Germany’s DAX 30 and France’s CAC were down -0.27% and -0.1%. In Asia the Nikkei 225 and the Shanghai Composite closed higher 0.09% and 0.61% respectively, while the Hang Seng was down 0.39%.
The US 10 - year note yield was up at 1.62% while the US 2 - year treasury note was at 0.58%. The WTI oil price was at US$76.62 per barrel, while gold was at US$1803.70 per ounce, down 2.59% this morning.
No comments yet
August 9th Morning Report
August 6th Morning Report
July 30th Morning Report
July 19th Morning Report
July 17th Morning Report
July 16th Morning Report
July 15th Morning Report
July 11th Morning Report
July 8th Morning Report
July 4th Morning Report