Sharechat Logo

15th June 2022 Morning Report

Wednesday 15th June 2022

Text too small?

US markets closed lower on Tuesday while a closely watched recession predictor in the bond market just flashed red, spurring concern that the US economy is on track for a downturn. The 2-year and 10-year Treasury yields inverted this week for the first time since April. The Dow Jones Industrial Average closed down 0.50%, while the S&P 500 and Nasdaq Composite were down 0.38% and up 0.18% respectively. 

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (-0.25%), the Dax 30 (-0.91%), CAC 40 (-1.20%) and the STOXX (-0.78%). In Asia, the Hang Seng and Shanghai indices closed mixed. The key Asian indices ended yesterday as follows: Nikkei 225(-1.32%), HSI (-0.00%) and the Shanghai Composite (+1.02%).

The yield on the US 10 - year note was at 3.479%, while the 2 - year note was at 3.439%. Oil was up to $121.1 per barrel, down 0.97%. The gold price was at US$1808.47 per ounce, down 0.66%. 

Morning Report 15 June 2022


  General Finance Advertising    

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.

Related News:

August 10th Morning Report
August 9th Morning Report
August 8th Morning Report
August 5th Morning Report
August 4th Morning Report
August 3rd Morning Report
August 2nd Morning Report
August 1st Morning Report
July 29th Morning Report
July 28th Morning Report