Monday 19th September 2022 |
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US markets closed lower on Friday, falling to two-month lows as a warning of impending global slowdown from FedEx hastened investors' flight to safety at the conclusion of a tumultuous week. The Dow Jones Industrial Average closed down 0.45%, while the S&P 500 and Nasdaq Composite were down 0.72% and 0.90 % respectively.
Other key markets ended lower. European stocks closed as follows: the FTSE100 (-0.62%), the Dax 30 (-1.66%), CAC 40 (-1.31%) and the STOXX (-1.17%). In Asia, the Hang Seng and Shanghai indices closed mixed. The key Asian indices ended yesterday as follows: Nikkei 225(-1.11%), HSI (-0.89%) and the Shanghai Composite (-2.30%).
The yield on the US 10 - year note was at 3.455%, while the 2 - year note was at 3.871%. Oil was down to $85.40 per barrel, up 0.34%. The gold price was at US$1684.50 per ounce, up 0.06%.
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