Sharechat Logo

November 30th Morning Report

Thursday 30th November 2023

Text too small?

US markets closed mixed on Wednesday as a robust upward GDP revision eased worries about a possible US recession, while Federal Reserve official's remarks left unresolved questions about the duration of the central bank's restrictive policy. All three major US stock indexes paring initial gains after Richmond Fed President Thomas Barkin expressed skepticism that the central bank's tightening cycle is finished, keeping the option of another rate hike on the table in case inflation flares up again. The Dow Jones Industrial Average closed up 0.19%, while the S&P 500 and Nasdaq Composite were down 0.05% and down 0.04% respectively. 

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (-0.43%), the Dax 30 (+1.09%), CAC 40 (+0.24%) and the STOXX (+0.52%). In Asia, the Hang Seng and Shanghai indices closed lower. The key Asian indices ended yesterday as follows: Nikkei 225 (-0.26%), HSI (-2.08%) and the Shanghai Composite (-0.56%).

The yield on the US 10 - year note was at 4.267%, while the 2 - year note was at 4.65%. Oil was up to $77.87 per barrel, up 1.91%. The gold price was at US$2067.70 per ounce, up 0.36%. 

Morning Report 30 November 2023


  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

February 23rd Morning Report
February 22nd Morning Report
February 21st Morning Report
February 19th Morning Report
February 16th Morning Report
February 15th Morning Report
February 10th Morning Report
February 9th Morning Report
February 7th Morning Report
February 5th Morning Report