Wednesday 12th January 2022 |
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U.S. stock markets ended higher on Tuesday regardless of Powell's reiteration that Federal Reserve will try to control the inflation.
The Dow Jones Industrial Average closed + 0.38%, while the S&P 500 and Nasdaq Composite were up 0.69% and 1.21%, respectively.
Other key markets ended mixed. European stocks closed higher as follows: the FTSE100 (+0.62%), the Dax 30 (+1.10%), CAC 40 (0.95%) and the STOXX (+0.99%). In Asia, the Hang Seng and Shanghai indices ended lower. The key Asian indices ended yesterday as follows: Nikkei 225(-0.90%), HSI (-0.03%) and the Shanghai Composite (-0.73%).
The yield on the US 10 - year note was at 1.75%, while the 2 - year note was at 0.899%. Oil was up to $83.89 per barrel, up 3.73%. The gold price was at US$1821.23 per ounce, up 1.11%.
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