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May 23rd Morning Report

Tuesday 23rd May 2023

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US markets closed mixed on Monday, helped by gains in Alphabet and Meta Platforms, while some investors refrained from big bets ahead of a fresh round of talks about raising the US debt ceiling. The Dow Jones Industrial Average closed down 0.42%, while the S&P 500 and Nasdaq Composite were up 0.50% and  0.02% respectively. 

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (+0.18%), the Dax 30 (-0.32%), CAC 40 (-0.18%) and the STOXX (-0.22%). In Asia, the Hang Seng and Shanghai indices closed mixed. The key Asian indices ended yesterday as follows: Nikkei 225(+0.90%), HSI (+1.17%) and the Shanghai Composite (+0.39%).

The yield on the US 10 - year note was at 3.719%, while the 2 - year note was at 4.32%. Oil was up to $71.81 per barrel, up 0.36%. The gold price was at US$1973.90 per ounce, down 0.39%. 

Morning Report 23 May 2023


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