May 26th Morning Report

The US markets closed lower on Friday, notching a weekly loss, after President Donald Trump recommended 50% tariffs on European goods, reopening a new front in global trade tensions and unleashing a fresh wave of market uncertainty.

The Dow Jones Industrial Average down 0.61%, while the S&P 500 and Nasdaq Composite were down 0.67% and up 1.00% respectively.

Other key markets ended lower. European stocks closed as follows: the FTSE100 (-0.24%), the Dax 30 (-1.54%), CAC 40 (-1.65%) and the STOXX (-1.81%). In Asia, the Hang Seng and Shanghai indices closed higher. The key Asian indices ended yesterday as follows: Nikkei 225(+0.47%), HSI (+0.24%) and the Shanghai Composite (-0.94%).

The yield on the US 10 - year note was at 4.509%, while the 2 - year note was at 3.993%. Oil was up to $61.53 per barrel, up 0.54%. The gold price was at US$3394.50 per ounce, up 2.15%. 

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 17th Morning Report
July 16th Morning Report
July 15th Morning Report
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