14th October 2021 Morning Report

Thursday 14th October 2021

U.S. stock markets closed mixed on Wednesday, with J.P. Morgan kicking off the new earnings season with strong quarterly results, while a report showed that consumer prices had increased the fastest in 13 years. The CPI was up 5.4% year on year in September. The Dow Jones Industrial Average slipped 0.06%, while the S&P 500 index fell 0.33% and the Nasdaq Composite index advanced 0.16%.

Other key overseas markets were mainly higher, with Britain’s FTSE was unchanged while France’s CAC 40 and Germany’s DAX 30 closed higher by 0.47% and 0.76%, respectively. Japan’s Nikkei 225 fell 0.32% and China’s Shanghai Composite closed marginally up by 0.42%, while Hong Kong’s Hang Seng was shut for holiday.

West Texas Intermediate crude oil slid seventy-one cents to $79.93 a barrel, while gold jumped $8.40 to $1767.70 an ounce.

Morning Report 14 October 2021

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