August 9th Morning Report

Tuesday 9th August 2022

US markets closed mostly flat on Monday after blockbuster jobs data last week reinforced expectations the Federal Reserve will crack down on inflation, while a revenue warning from chipmaker Nvidia reminded investors of a slowing US economy. The Dow Jones Industrial Average closed up 0.09%, while the S&P 500 and Nasdaq Composite were down 0.12% and 0.10% respectively.

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (+0.57%), the Dax 30 (+0.84%), CAC 40 (+0.80%) and the STOXX (+0.85%). In Asia, the Hang Seng and Shanghai indices closed higher. The key Asian indices ended yesterday as follows: Nikkei 225(+0.26%), HSI (-0.77%) and the Shanghai Composite (+0.31%).

The yield on the US 10 - year note was at 2.75%, while the 2 - year note was at 3.209%. Oil was up to $90.36 per barrel, up 1.52%. The gold price was at US$1805.00 per ounce, up 0.77%.

Morning Report 9 August 2022

Comments from our readers

No comments yet