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November 25th Morning Report

Monday 25th November 2024

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US markets closed higher, with all three major indexes posting weekly gains, as investors took comfort from data pointing to robust economic activity in the world's biggest economy.

The Dow Jones Industrial Average closed up 0.97%, while the S&P 500 and Nasdaq Composite were up 0.35% and  0.16%.

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (+1.38%), the Dax 30 (+0.92%), CAC 40 (+0.58%) and the STOXX (+0.70%). In Asia, the Hang Seng and Shanghai indices closed higher. The key Asian indices ended yesterday as follows: Nikkei 225(+0.68%), HSI (-1.89%) and the Shanghai Composite (-3.06%).

The yield on the US 10 - year note was at 4.412%, while the 2 - year note was at 4.382%. Oil was up to $72.26 per barrel, up 1.54%. The gold price was at US$2761.50 per ounce, up 1.62%. 



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