19th August 2021 Morning Report

U.S. stock indexes closed lower yesterday as investors reacted to the minutes from the Federal Reserve’s latest policy meeting which implied the central bank could begin tapering its asset purchases this year. The Dow Jones Industrial Average closed 1.07% lower and the S&P 500 index and the Nasdaq Composite indices declined 1.07% and 0.89%, respectively. The selling in the Dow and the S&P 500 pushed both indexes lower for a second day.

Other leading overseas markets closed mixed. European bourses were mainly lower, with France’s CAC 40, 0.73% lower, Britain’s FTSE 100 off 0.16% and Germany’s DAX 30 rising 0.28%. In Asia, Hong Kong’s Hang Seng index increased 0.47% while Japan’s Nikkei 225 and China’s Shanghai Composite were 0.59% and 1.11% higher respectively.  

West Texas Intermediate crude oil lost $1.13 to $65.46 a barrel and gold fell $3.40 to $1,781.60 an ounce. 

Morning Report 19 August 2021

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:

July 17th Morning Report
July 14th Morning Report
July 8th Morning Report
July 3rd Morning Report
July 2nd Morning Report
June 25th Morning Report
June 22nd Morning Report
June 18th Morning Report
June 11th Morning Report
June 8th Morning Report