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September 12th Morning Report

Tuesday 12th September 2023

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US markets closed lower on Monday as Tesla surged on optimism around artificial intelligence and investors awaited inflation data due later this week. The Dow Jones Industrial Average closed up 0.25%, while the S&P 500 and Nasdaq Composite were up 0.67% and 1.14% respectively. 

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (+0.25%), the Dax 30 (+0.39%), CAC 40 (+0.52%) and the STOXX (+0.40%). In Asia, the Hang Seng and Shanghai indices closed lower. The key Asian indices ended yesterday as follows: Nikkei 225(-0.43%), HSI (-0.58%) and the Shanghai Composite (+0.84%).

The yield on the US 10 - year note was at 4.294%, while the 2 - year note was at 4.995%. Oil was up to $87.31 per barrel, up 0.23%. The gold price was at US$1945.30 per ounce, up 0.13%. 

Morning Report 12 September 2023


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