June 23rd Morning Report

US markets closed higher on Thursday as US Federal Reserve Chairman Jerome Powell continued to beat a hawksh drum and suggested the central bank has not reached the end of its tightening cycle, but provided reassurance that the Fed would proceed with caution. The Dow Jones Industrial Average closed down 0.01%, while the S&P 500 and Nasdaq Composite were up 0.37% and 0.95% respectively. 

Other key markets ended lower. European stocks closed as follows: the FTSE100 (-0.76%), the Dax 30 (-0.22%), CAC 40 (-0.79%) and the STOXX (-0.42%). In Asia, the Hang Seng and Shanghai indices closed mixed. The key Asian indices ended yesterday as follows: Nikkei 225(-0.92%), HSI (-1.98%) and the Shanghai Composite (-1.31%).

The yield on the US 10 - year note was at 3.797%, while the 2 - year note was at 4.791%. Oil was up to $69.56 per barrel, down 4.09%. The gold price was at US$1923.70 per ounce, down 1.09%. 

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
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.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

July 11th Morning Report
July 10th Morning Report
July 9th Morning Report
July 8th Morning Report
July 7th Morning Report
July 4th Morning Report
July 3rd Morning Report
July 2nd Morning Report
July 1st Morning Report
June 27th Morning Report