15th November 2021 Morning Report

Monday 15th November 2021

U.S. markets ended higher on Friday putting inflation concerns in the rear-view mirror. The Dow Jones Industrial Average rose 0.5%, while the S&P 500 index and the Nasdaq Composite index advanced 0.72% and 1%, respectively. The gains came a day after Thursday’s hottest inflation reading in 31 years.

Other key overseas markets closed mostly higher, with Germany’s DAX 30 and France’s CAC 40 ending 0.07% and 0.45% higher, respectively, while Britain’s FTSE 100 fell 0.49%. China’s Shanghai Composite ticked up 0.18% and Hong Kong’s Hang Seng index closed 0.32%, higher while Japan’s Nikkei 225 jumped 1.13%.

West Texas Intermediate crude oil slid 1-10% to $80.65 a barrel, while gold ended at $1,868.5 an ounce.

The US ten year note yield ended at 1.57%.

Morning Report 15 November 2021

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