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December 11th Morning Report

Thursday 11th December 2025

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The US market closed mixed on Wednesday, ahead of a closely watched Federal Reserve decision widely expected to deliver a rate cut, while investors grew uncertain over the extent and pace of rate reductions in 2026.

The Dow Jones Industrial Average up 0.66%, while the S&P 500 and Nasdaq Composite were up 0.16% and down 0.25% respectively.

Other key markets ended lower. European stocks closed as follows: the FTSE100 (+0.14%), the Dax 30 (-0.13%), CAC 40 (-0.37%) and the STOXX (-0.18%). In Asia, the Hang Seng and Shanghai indices closed higher. The key Asian indices ended yesterday as follows: Nikkei 225(-0.10%), HSI (+0.42%) and the Shanghai Composite (-0.37%).

The yield on the US 10 - year note was at 4.164%, while the 2 - year note was at 3.561%. Oil was up to $58.64 per barrel, up 0.67%. The gold price was at US$4218.25 per ounce, down 0.42%. 



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