Thursday 27th April 2023
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US markets closed mixed on Wednesday as the tech-heavey Nasdaq outperformed Wall Street's other major indexes after strong Microsoft Corp results boosted the technology sector but gains pared as the session wore on due to lingering concerns about a weakening US economy and the banking sector. The Dow Jones Industrial Average closed down 0.68%, while the S&P 500 and Nasdaq Composite were down 0.38% and up 0.47% respectively.
Other key markets ended mixed. European stocks closed as follows: the FTSE100 (-0.49%), the Dax 30 (-0.48%), CAC 40 (-0.86%) and the STOXX (-0.69%). In Asia, the Hang Seng and Shanghai indices closed mixed. The key Asian indices ended yesterday as follows: Nikkei 225(-0.71%), HSI (+0.71%) and the Shanghai Composite (-0.024%).
The yield on the US 10 - year note was at 3.445%, while the 2 - year note was at 3.949%. Oil was up to $74.39 per barrel, down 3.48%. The gold price was at US$1999.10 per ounce, up 0.27%.
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