July 3rd Morning Report

The US market closed higher on Wednesday, lifted by gains in tech stocks and news of a trade agreement between the US and Vietnam that helped ease concerns about an extended trade war.

The Dow Jones Industrial Average down 0.02%, while the S&P 500 and Nasdaq Composite were up 0.47% and 0.94% respectively.

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (-0.12%), the Dax 30 (+0.49%), CAC 40 (+0.99%) and the STOXX (+0.69%). In Asia, the Hang Seng and Shanghai indices closed higher. The key Asian indices ended yesterday as follows: Nikkei 225(-0.56%), HSI (+0.62%) and the Shanghai Composite (-0.085%).

The yield on the US 10 - year note was at 4.283%, while the 2 - year note was at 3.791%. Oil was up to $67.54 per barrel, up 3.19%. The gold price was at US$3368.55 per ounce, up 0.56%. 

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