June 11th Morning Report

The US markets closed lower on Tuesday, lifted by a rally in Tesla as investors bet on positive results from US-China trade talks aimed at defusing a tariff dispute that has roiled global markets this year.

The Dow Jones Industrial Average up 0.25%, while the S&P 500 and Nasdaq Composite were up 0.55% and  0.63% respectively.

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (+0.24%), the Dax 30 (-0.77%), CAC 40 (+0.17%) and the STOXX (-0.11%). In Asia, the Hang Seng and Shanghai indices closed higher. The key Asian indices ended yesterday as follows: Nikkei 225(+0.32%), HSI (-0.08%) and the Shanghai Composite (-0.44%).

The yield on the US 10 - year note was at 4.474%, while the 2 - year note was at 4.022%. Oil was up to $65.29 per barrel, down 0.77%. The gold price was at US$3344.25 per ounce, down 0.32%. 

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