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June 7th Morning Report

Wednesday 7th June 2023

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US markets closed up on Tuesday, helped by some advances in economically sensitive sectors, as investors awaited inflation data and the Federal Reserve's policy meet next week. The Dow Jones Industrial Average closed up 0.03%, while the S&P 500 and Nasdaq Composite were up 0.24% and 0.36% respectively. 

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (+0.37%), the Dax 30 (+0.18%), CAC 40 (+0.11%) and the STOXX (+0.05%). In Asia, the Hang Seng and Shanghai indices closed mixed. The key Asian indices ended yesterday as follows: Nikkei 225(+0.90%), HSI (-0.05%) and the Shanghai Composite (-1.15%).

The yield on the US 10 - year note was at 3.677%, while the 2 - year note was at 4.497%. Oil was up to $71.45 per barrel, down 0.97%. The gold price was at US$1979.80 per ounce, up 0.28%. 

Morning Report 7 May 2023

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