February 11th Morning Report

The US markets closed higher on Monday, lifted by Nvidia and other tech-related stocks, while steelmakers surged after US President Donald Trump said he would impose additional tariffs on steel and aluminum imports. 

The Dow Jones Industrial Average closed up 0.33%, while the S&P 500 and Nasdaq Composite were up 0.67% and 1.03%.

Other key markets ended higher. European stocks closed as follows: the FTSE100 (+0.77%), the Dax 30 (+0.57%), CAC 40 (+0.42%) and the STOXX (+0.62%). In Asia, the Hang Seng and Shanghai indices closed higher. The key Asian indices ended yesterday as follows: Nikkei 225(+0.04%), HSI (+1.84%) and the Shanghai Composite (+0.56%).

The yield on the US 10 - year note was at 4.499%, while the 2 - year note was at 4.273%. Oil was up to $73.92 per barrel, up 2.06%. The gold price was at US$2982.00 per ounce, up 1.63%. 

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