May 15th Morning Report

The US markets closed slightly higher on Wednesday after flitting between gains and losses during Wednesday's session as investors waited for the next batch of economic data after a robust start to the week spurred by soft inflation data and a US-China tariff truce.

The Dow Jones Industrial Average down 0.21%, while the S&P 500 and Nasdaq Composite were up 0.10% and 0.72% respectively.

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (-0.21%), the Dax 30 (-0.47%), CAC 40 (-0.47%) and the STOXX (-0.24%). In Asia, the Hang Seng and Shanghai indices closed higher. The key Asian indices ended yesterday as follows: Nikkei 225(-0.14%), HSI (+2.30%) and the Shanghai Composite (+0.86%).

The yield on the US 10 - year note was at 4.538%, while the 2 - year note was at 4.055%. Oil was up to $63.67 per barrel, down 1.18%. The gold price was at US$3184.19 per ounce, down 1.96%. 

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