Global share markets subdued overnight.
Comments by the NY US Fed president that "talk of interest rate cuts is premature" brought markets back to reality somewhat.
In Europe, the FTSE fell 72 points (.95%), the DAX was flat down just .79 of a point (.005%) and the CAC rose 21 points (.28%).
In the US, the DOW rose 56 points (.15%) - after being the red for most of the trading session, the NBI fell 26 points (.63%), the NASDAQ Composite rose 52 points (.35%) and the Russell small cap index fell 15 points (.17%).
Elizabeth Warren has made comments querying pharmaceutical patents - claiming they are responsible for higher drug prices. This would have had a partial impact on the fall of the NBI. This may have some legs in the near future.
Oil price fell - Brent crude at US$76.55.
Gold price fell back to US$2,017.
US 10 year bond yield is at 3.93%
Global share markets subdued overnight.Comments by the NY US Fed...
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Mkt cap ! $431.8M | |||
| Open | High | Low | Value | Volume |
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