Today’s Market News |
Key developments on Friday: |
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Fixed Income
U.S. Treasury yields gained ground after data suggested U.S. economy is on solid footing.
U.S. 10-year notes rose 8.2 basis points to 4.098%, from 4.016% late on Wednesday.
US 30-year bond yield rose 9.8 basis points to 4.3972% from 4.299% late on Wednesday.
US 2-year note yield, rose 4.8 basis points to 3.983%, from 3.935% late on Wednesday.
Equities
Technology shares (.SPLRCT), opens new tab, particularly chips (.SOX), opens new tab outperformed after Taiwan Semiconductor Manufacturing (2330.TW), opens new tab, beat earnings estimates and forecast a jump in fourth-quarter revenue, helping to ease fears of softening demand in the sector.
Forex
USD 11-week high after retail sales data beat expectations, strengthened 0.41% to 150.2 against JPY.
DXY, rose 0.24% to 103.79, with the euro down 0.3% at $1.0828.
Commodities
U.S. crude rose 0.40% to $70.67 a barrel, Brent rose to $74.45 per barrel, up 0.31% on the day.
Gold hit a record high as the safe-haven metal benefited from looming U.S. election uncertainties.
Spot gold rose 0.7% to $2,691.97 an ounce.
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading higher
|
43,239.05 | +161.35 | 0.37%Positive |
|
trading higher
Nasdaq Composite Index
.IXIC |
18,373.61 | +6.53 | 0.04%Positive |
|
trading lower
S&P 500 Index
.SPX |
5,841.47 | -1.00 | 0.02%Negative |
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading lower
Nikkei Index
.N225 |
38,911.19 | -269.11 | 0.69%Negative |
|
trading lower
Hang Seng Index
.HSI |
20,079.10 | -207.75 | 1.02%Negative |
|
trading lower
S&P BSE SENSEX Index
.BSESN |
81,006.61 | -494.75 | 0.61% |
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