Sharechat Logo

January 20th Morning Report

Friday 20th January 2023

Text too small?

US markets closed lower on Thursday after data pointing to a tight labor market fueled concerns th Federal Reserve will maintain its aggressive path of rate hikes and result in a policy error that could tilt the economy into a recession. The Dow Jones Industrial Average closed down 0.27%, while the S&P 500 and Nasdaq Composite were down 0.19% and 0.27% respectively.

Other key markets ended higher. European stocks closed as follows: the FTSE100 (-1.07%), the Dax 30 (-1.72), CAC 40 (-1.86%) and the STOXX (-1.92%). In Asia, the Hang Seng and Shanghai indices closed mixed. The key Asian indices ended yesterday as follows: Nikkei 225(-1.44%), HSI (-0.12%) and the Shanghai Composite (+0.49%).

The yield on the US 10 - year note was at 3.399%, while the 2 - year note was at 4.116%. Oil was up to $80.54 per barrel, up 1.33%. The gold price was at US$1932.50 per ounce, up 1.34%. 

Morning Report 20 January 2023

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
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.

Related News:

November 30th Morning Report
November 28th Morning Report
November 27th Morning Report
November 23rd Morning Report
November 21st Morning Report
November 20th Morning Report
November 17th Morning Report
November 16th Morning Report
November 15th Morning Report
November 10th Morning Report