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April 10th Morning Report

Wednesday 10th April 2024

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US markets closed mixed on Tuesday, a day ahead of major inflation data, weighed down by financial stocks as investors braced for major US banks to kick off earnings reporting season on Friday. The Dow Jones Industrial Average closed down 0.02%, while the S&P 500 and Nasdaq Composite were up 0.14% and up 0.32% respectively.

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (-0.11%), the Dax 30 (-1.32%), CAC 40 (-0.86%) and the STOXX (-1.09%). In Asia, the Hang Seng and Shanghai indices closed mixed. The key Asian indices ended yesterday as follows: Nikkei 225(+1.08%), HSI (+0.57%) and the Shanghai Composite (+0.049%).

The yield on the US 10 - year note was at 4.364%, while the 2 - year note was at 4.745%. Oil was up to $85.33 per barrel, up 1.27%. The gold price was at US$2371.20 per ounce, up 0.86%. 

Morning Report 10 April 2024



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