August 10th Morning Report

The US market closed higher on Friday, with the S&P 500 closing at a record high to cap off a strong week of gains for the major indexes, after data showed the US economy unexpectedly shed jobs last month and dampened expectations. 

The Dow Jones Industrial Average up 0.28%, while the S&P 500 and Nasdaq Composite were up 0.62% and 1.30% respectively.

Other key markets ended lower. European stocks closed as follows: the FTSE100 (+0.31%), the Dax 30 (+0.69%), CAC 40 (+0.17%) and the STOXX (+0.33%). In Asia, the Hang Seng and Shanghai indices closed higher. The key Asian indices ended yesterday as follows: Nikkei 225(-0.12%), HSI (+0.54%) and the Shanghai Composite (+0.57%).

The yield on the US 10 - year note was at 4.649%, while the 2 - year note was at 4.199%. Oil was down to $77.08 per barrel, down 0.27%. The gold price was at US$4401.30 per ounce, up 2.37%. 

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