Sharechat Logo

22nd November 2021 Morning Report

Monday 22nd November 2021

Text too small?

Oil prices tanked on Friday as rising COVID-19 lockdowns in Europe spooked investors. U.S. stocks markets closed mixed as the markets were weighed down by the increasing numbers of lockdowns in Europe. The Nasdaq Composite closed at a record high above 16,000 for the first time, while the Dow Jones Industrial Average ended 0.75% lower and the S&P 500 fell 0.14%. 

In Europe all the leading market ended lower, with the leading indices ending as follows: FTSE100 (-0.45%), CAC (-0.42%) and DAX30 (-0.38%). 

In Asia the situation was mixed with the Shanghai Composite up 1.13%, Nikkei 225 also higher at 0.5%, while the Hang Send fell -1.07%. Japan announced a US$490 billion stimulus package to jumpstart its economy, which has struggled as a result of the COVID-19 pandemic. 

The USA 10 - year note yield ended at 1.54%, while the 2 - year treasury yield closed at 0.513%. 

West Texas Intermediate crude tumbled over 5.8% to $76.10 per barrel, the biggest drop since late March 2020. Gold ended flat at US$1815.60 per ounce

Morning Report 22 November 2021

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
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.

Related News:

16th May 2022 Morning Report
13th May 2022 Morning Report
12th May 2022 Morning Report
11th May 2022 Morning Report
10th May 2022 Morning Report
9th May 2022 Morning Report
6th May 2022 Morning Report
5th May 2022 Morning Report
4th May 2022 Morning Report
3rd May 2022 Morning Report