Thursday 18th August 2022 |
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US markets closed lower on Wednesday with indexes volatile after investors thought minutes from the Federal Reserve's meeting in July suggested policymakers may be less aggressive than previously thought when they raise interest rates in September. The Dow Jones Industrial Average closed up 0.71%, while the S&P 500 and Nasdaq Composite were up 0.19% and down 0.19% respectively.
Other key markets ended mixed. European stocks closed as follows: the FTSE100 (-0.27%), the Dax 30 (-2.04%), CAC 40 (-0.97%) and the STOXX (-1.29%). In Asia, the Hang Seng and Shanghai indices closed mixed. The key Asian indices ended yesterday as follows: Nikkei 225(+1.23%), HSI (+0.46%) and the Shanghai Composite (+0.45%).
The yield on the US 10 - year note was at 2.902%, while the 2 - year note was at 3.285%. Oil was up to $87.99 per barrel, up 1.69%. The gold price was at US$1777.60 per ounce, down 0.68%.
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