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November 28th Morning Report

Tuesday 28th November 2023

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US markets closed mixed on Monday as investors took a post-Thanksgiving pause ahead of crucial economic data as the holiday shopping season kicked in to high gear with retailers trying to lure bargain hunters with Cyber Monday deals. The Dow Jones Industrial Average closed down 0.23%, while the S&P 500 and Nasdaq Composite were down 0.20% and down 0.01% respectively. 

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (-0.37%), the Dax 30 (-0.39%), CAC 40 (-0.37%) and the STOXX (-0.40%). In Asia, the Hang Seng and Shanghai indices closed lower. The key Asian indices ended yesterday as follows: Nikkei 225 (-0.53%), HSI (-0.20%) and the Shanghai Composite (-0.30%).

The yield on the US 10 - year note was at 4.392%, while the 2 - year note was at 4.894%. Oil was up to $74.89 per barrel, down 0.86%. The gold price was at US$2013.40 per ounce, up 0.52%. 

Morning Report 28 November 2023


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