December 15th Morning Report

Friday 15th December 2023

US markets closed higher on Thursday, with tech giant Apple notching up a record high, a day after the Federal Reserve hinted an end to its aggressive rate-hike campaign and signaled that borrowing costs would be lower next year. The Dow Jones Industrial Average closed up 0.30%, while the S&P 500 and Nasdaq Composite were up 0.18% and up 0.07% respectively.

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (+1.33%), the Dax 30 (-0.08%), CAC 40 (-0.16%) and the STOXX (+0.20%). In Asia, the Hang Seng and Shanghai indices closed lower. The key Asian indices ended yesterday as follows: Nikkei 225 (-0.73%), HSI (+1.07%) and the Shanghai Composite (-0.33%).

The yield on the US 10 - year note was at 3.928%, while the 2 - year note was at 4.399%. Oil was up to $71.73 per barrel, up 3.25%. The gold price was at US$2047.50 per ounce, up 2.51%.

Morning Report 15 December 2023

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