Wednesday 3rd April 2024 |
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US markets closed lower on Tuesday as investors weighed chances that the Federal Reserve could delay cutting interest rates, while Tesla shares dropped after the electric car maker posted fewer quarterly deliveries for the first time in nearly four years. The Dow Jones Industrial Average closed down 0.93%, while the S&P 500 and Nasdaq Composite were down 0.21% and up 0.06% respectively.
Other key markets ended mixed. European stocks closed as follows: the FTSE100 (-0.22%), the Dax 30 (-1.13%), CAC 40 (-0.92%) and the STOXX (-0.81%). In Asia, the Hang Seng and Shanghai indices closed mixed. The key Asian indices ended yesterday as follows: Nikkei 225(+0.09%), HSI (+2.36%) and the Shanghai Composite (+1.19%).
The yield on the US 10 - year note was at 4.357%, while the 2 - year note was at 4.695%. Oil was up to $85.11 per barrel, up 1.67%. The gold price was at US$2293.60 per ounce, up 1.62%.
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