Wednesday 14th May 2025 |
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The US markets closed higher on Tuesday for a second straight day after softer-than-expected inflation numbers added to investor optimism from Monday when the US and China announced a trade truce.
The Dow Jones Industrial Average down 0.64%, while the S&P 500 and Nasdaq Composite were up 0.72% and 1.61% respectively.
Other key markets ended mixed. European stocks closed as follows: the FTSE100 (-0.02%), the Dax 30 (+0.31%), CAC 40 (+0.30%) and the STOXX (+0.44%). In Asia, the Hang Seng and Shanghai indices closed higher. The key Asian indices ended yesterday as follows: Nikkei 225(+1.43%), HSI (-1.87%) and the Shanghai Composite (+0.17%).
The yield on the US 10 - year note was at 4.471%, while the 2 - year note was at 4.004%. Oil was up to $61.95 per barrel, up 2.74%. The gold price was at US$3527.81 per ounce, up 0.92%.
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