6th September 2021 Morning Report

U.S. stock markets closed mixed Friday, with the Nasdaq closing at an all-time high, while the Dow Jones Industrial Average declined 0.21%, and the S&P 500 index 0.03% respectively after the August jobs report fell short of estimates. The 10-year yield reacted to the jobs report by rising 3 basis points to 1.32%, steepening the yield curve slightly. Shares were mixed with Apple closing at an all - time high while Facebook and Alphabet Inc. finished just below their own peaks. Banks also closed mixed.

Other key overseas markets were mostly lower, with Britain’s FTSE 100 slipping 0.46%, Germany's DAX 30 dropping 0.37% and France’s CAC 40 sliding 1.08%, while Japan’s Nikkei 225 surged 2.05% after Prime Minister Yoshihide Suga said he would not run in his party’s leadership election. Hong Kong’s Hang Seng index fell 0.762%, China’s Shanghai Composite declined 0.43%. 

West Texas Intermediate crude oil lost 70 cents to $69.29 a barrel and gold climbed $24.90 to $1,833.60 an ounce.

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.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

July 2nd Morning Report
July 1st Morning Report
June 27th Morning Report
June 26th Morning Report
June 25th Morning Report
June 24th Morning Report
June 23rd Morning Report
June 19th Morning Report
June 18th Morning Report
June 17th Morning Report