Monday 23rd August 2021 |
Text too small? |
U.S. share markets rallied Friday but were unable to recover the total losses for the week with investors still wary over the Federal Reserve’s timeline to taper asset purchases. The Dow Jones Industrial Average closed 0.64%, higher while the S&P 500 index and the Nasdaq Composite index rose 0.81% and 1.19%, respectively. All three of benchmarks lost between 0.5% and 1% for the week.
Other key overseas markets closed mixed. In Europe, Germany’s DAX 30 ended up 0.27%, France’s CAC 40 added 0.31% and Britain’s FTSE 100 rose 0.41%. Hong Kong’s Hang Seng index tumbled 1.84%, reversing into a bear market, while China’s Shanghai Composite index and Japan’s Nikkei 225 fell 1.1% and 0.98%, respectively.
West Texas Intermediate crude oil fell $1.37 to $62.32 a barrel and gold edged up 80 cents to $1,781 an ounce.
No comments yet
March 28th Morning Report
March 27th Morning Report
March 26th Morning Report
March 25th Morning Report
March 21st Morning Report
March 19th Morning Report
March 18th Morning Report
March 14th Morning Report
March 12th Morning Report
March 11th Morning Report