August 7th Morning Report

The US Market closed higher on Wednesday, led by a more than 1% gain in the Nasdaq, as Apple shares climbed after news of its plans to announce a domestic manufacturing pledge, and as the latest batch of corporate reports was mostly upbeat.

The Dow Jones Industrial Average up 0.18%, while the S&P 500 and Nasdaq Composite were up 0.73% and 1.21% respectively.

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (+0.24%), the Dax 30 (+0.33%), CAC 40 (+0.18%) and the STOXX (+0.26%). In Asia, the Hang Seng and Shanghai indices closed higher. The key Asian indices ended yesterday as follows: Nikkei 225(+0.60%), HSI (+0.03%) and the Shanghai Composite (+0.45%).

The yield on the US 10 - year note was at 4.232%, while the 2 - year note was at 3.714%. Oil was up to $64.29 per barrel, down 1.34%. The gold price was at US$3431.70 per ounce, down 0.09%. 

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