October 5th Morning Report

Us market closed higher on Tuesday after softer US economic data led Treasury yields lower and Australia's central bank raised interest rates less than expected, providing hope that the Federal Reserve would soon temper its aggressive rate hikes. The Dow Jones Industrial Average was up 2.59%. The S&P 500 and the Nasdaq Composite was up 2.82% and 3.04% respectively.

In Europe key markets ended higher. The FTSE100 was 2.57% up, while the DAX30 was up 3.78% and the CAC40 was up 4.24%, the STOXX600 was up 4.26%. 

 Asian markets ended Thursday mixed. The Shanghai Composite (-0.55%),  and the Hong Kong Hang Seng (-0.83%) were down, while the Nikkei 225 (+2.96%) and South Korea’s KOSPI (+2.50%) were up. 

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

May 13th Morning Report
May 10th Morning Report
May 8th Morning Report
May 6th Morning Report
May 3rd Morning Report
May 2nd Morning Report
May 1st Morning Report
April 30th Morning Report
April 29th Morning Report
April 26th Morning Report