Thursday 2nd June 2022 |
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US markets closed lower on Wednesday as investors concerned that the latest economic data will keep Federal Reserve on its aggressive interest rate hiking cycle aimed at taming run-away inflation. The Dow Jones Industrial Average closed down 0.54%, while the S&P 500 and Nasdaq Composite were down 0.72% and 0.75% respectively.
Other key markets ended mixed. European stocks closed as follows: the FTSE100 (-0.98%), the Dax 30 (-0.33%), CAC 40 (-0.77%) and the STOXX (-0.78%). In Asia, the Hang Seng and Shanghai indices closed mixed. The key Asian indices ended yesterday as follows: Nikkei 225(+0.65%), HSI (-0.56%) and the Shanghai Composite (-0.13%).
The yield on the US 10 - year note was at 2.911%, while the 2 - year note was at 2.648%. Oil was up to $115.8 per barrel, up 0.23%. The gold price was at US$1846.66 per ounce, up 0.55%.
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