Sharechat Logo

May 2nd Morning Report

Tuesday 2nd May 2023

Text too small?

US markets closed slightly lower on Monday as investors took in the weekend auction of First Republic Bank (FRC.N) and braced for another expected interest rate hike from the Federal Reserve this week. The Dow Jones Industrial Average closed down 0.14%, while the S&P 500 and Nasdaq Composite were down 0.04% and down 0.11% respectively. 

Other key markets ended higher. European stocks closed as follows: the FTSE100 (+0.50%), the Dax 30 (+0.77%), CAC 40 (+0.10%) and the STOXX (+0.03%). In Asia, the Hang Seng and Shanghai indices closed mixed. The key Asian indices ended yesterday as follows: Nikkei 225(+0.92%), HSI (+0.27%) and the Shanghai Composite (+1.14%).

The yield on the US 10 - year note was at 3.57%, while the 2 - year note was at 4.141%. Oil was up to $75.70 per barrel, down 1.41%. The gold price was at US$1990.60 per ounce, up 0.43%. 

Morning Report 02 May 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:

October 2nd Morning Report
September 27th Morning Report
September 26th Morning Report
September 23rd Morning Report
September 20th Morning Report
September 10th Morning Report
August 9th Morning Report
August 6th Morning Report
July 30th Morning Report
July 19th Morning Report