Sharechat Logo

31st August 2021 Morning Report

Tuesday 31st August 2021

Text too small?

U.S. stock markets closed mixed on Monday with both the S&P 500 and Nasdaq Composite striking all-time highs. The S&P 500 increased 0.43% and the Nasdaq advanced 0.9%, while the Dow Jones Industrial Average dropped 0.16%, ending 225 points below its record peak. 

Mega-cap US tech names such as Microsoft Corp. (+1.29%), Apple Inc. (+3.04%) and Alphabet Inc. (0.41%) were all close to record highs as investors capitalised on the likelihood that interest rates would remain near zero for the foreseeable future. 

Othe key overseas markets were in the main higher. Britain’s FTSE 100 rose 0.32% as Germany’s DAX 30 ticked up 0.28% and France's CAC 30 increased 0.08%. Japan’s Nikkei rose 0.54% while Hong Kong’s Hang Seng index increased 0.52% and China’s Shanghai Composite was marginally up 0.17%. 

West Texas Intermediate crude oil was trading down 33 cents at US $68.41 a barrel, while the gold price was down US $6.60 to close at US $1810.

Morning Report 31 August 2021


  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:

March 28th Morning Report
March 27th Morning Report
March 26th Morning Report
March 25th Morning Report
March 21st Morning Report
March 19th Morning Report
March 18th Morning Report
March 14th Morning Report
March 12th Morning Report
March 11th Morning Report