2nd September 2021 Morning Report

Thursday 2nd September 2021

U.S share markets indexes were mixed Wednesday. The Dow Jones Industrial Average declined 0.13%, while the S&P 500 index and the Nasdaq Composite index rose 0.03% and 0.33%, respectively. The ADP jobs report disappointed, as it showed that private payrolls for last month added only 374,000 jobs, whereas the market was expecting the figure of 613,000. Mega-cap tech companies Facebook Inc. and Alphabet Inc. closed at all-time highs, while Apple Inc. missed record territory. Robinhood Markets Inc. is under investigation by the U.S. Securities and Exchange Commission for a recent share sale filing by existing shareholders.

Other key overseas markets were broadly higher with France’s CAC 40 up 1.18%, while Britain’s FTSE 100 advanced 0.42% and Germany's DAX 30 slipped 0.07%. Japan’s Nikkei 225 increased 1.29%, China’s Shanghai Composite advanced 0.65% and Hong Kong’s Hang Seng index rose 0.58%.

West Texas Intermediate crude oil was 9 cents higher at $68.59 per barrel and gold lost $1.90 cents to $1,813.10 an ounce.

Morning Report 2 September 2021

Comments from our readers

No comments yet