Wednesday 25th October 2023 |
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US markets gained ground on Tuesday as a spate of solid corporate earnings and upbeat forecasts stoked investor risk appetite and prompted a broad rally. The Dow Jones Industrial Average closed up 0.68%, while the S&P 500 and Nasdaq Composite were up 0.75% and up 0.93% respectively.
Other key markets ended mixed. European stocks closed as follows: the FTSE100 (+0.20%), the Dax 30 (+0.54%), CAC 40 (+0.63%) and the STOXX (+0.58%). In Asia, the Hang Seng and Shanghai indices closed lower. The key Asian indices ended yesterday as follows: Nikkei 225 (+0.20%), HSI (-1.05%) and the Shanghai Composite (-0.78%).
The yield on the US 10 - year note was at 4.812%, while the 2 - year note was at 5.095%. Oil was up to $83.77 per barrel, down 2.01%. The gold price was at US$1983.30 per ounce, down 0.23%.
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