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February 1st Morning Report

Wednesday 1st February 2023

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Us market closed higher on Tuesday as labor cost data encouraged investors about the Federal Reserve's aggressive approach to taming inflation a day ahead of the central bank's critical policy decision. The Dow Jones Industrial Average was up 0.53%. The S&P 500 and the Nasdaq Composite was up 1.10% and 0.83% respectively.

In Europe key markets ended mixed. The FTSE100 was down 0.17% , while the DAX30 was up 0.01% and the CAC40 was up 0.01%, the STOXX600 was up 0.12%. 

 Asian markets ended lower. The Shanghai Composite (-0.42%) and the Hong Kong Hang Seng (-1.03%), Nikkei 225 (-0.39%) were all down. 

Morning Report 1 February 2023

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