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Writer's pictureThe Decision Maker

US Stock Markets Ended Lower Despite A Strong Opening, European Markets Higher On Interest Rates


London, Thursday, 16 December 2021


US stock markets ended lower despite a strong opening on Thursday. Investors reacted to the Fed’s intention for interest rates increase in 2022. The Fed signalled three interest rate hikes by the end of 2022 on Wednesday.


In the meantime, European stock markets closed higher as the European Central Bank (ECB) kept interest rates unchanged, declaring at the same time that the pandemic emergency programme will cease by the end of March.


At the same time, the Bank of England increased interest rates for the first time in more than three years. The rate was increased by 0.15 percentage points to 0.25%.


U.S. Stock Market Indexes

  • S&P 500: -41.31 (-0.88%) to 4,668.54

  • Nasdaq: -385.15 (-2.47%) to 15,180.43

  • Dow Jones: -31.11 (-0.09%) to 35,896.32


European Stock Market Indexes

  • STOXX Europe 600: +5.8 points, or 1.23%, to 476.56

  • FTSE 100 in London: +90 points, or 1.25%, to end at 7,260

  • DAX 30 in Germany: +160 points, or 1.03%, to close at 15,636

  • CAC 40 in France: +77 points, or 1.12%, to 7,005

  • FTSE MIB 30 in Italy: +116 points, or 0.44%, to end the day at 26,782.

  • IBEX 35 in Spain: the best performer of the day, + 105 points, or 1.27%, to finish at 8,380


Other markets

  • Ten-year U.S. Treasury notes: -4.1 bps to yield 1.4220%

  • Dollar index: -0.52 or -0.54% at 95.99 as of Dec 16, 2021 at 5:32 p.m. EST

  • VIX volatility index: +1.28 (6.64%) at 20.57 as of Dec 16, 3:15 PM CST


Oil prices

  • Brent crude: -0.39 or -0.52% at 74.63 as of Dec 16, 2021 10:34 p.m. GMT

  • West Texas Intermediate: 1.11 or 1.57% at $71.98 as of Dec 16, 2021 4:59 p.m. EST


Precious metals

  • Gold: +19.85 or +1.12% at $1,799.26 an ounce

  • Silver: +0.40 or +1.80% at $22.48 an ounce


Cryptocurrencies

  • Bitcoin: −957.00 (1.96%) at $47,927.70 as of Dec 16, 10:49 PM UTC

  • Etherum: −2.61 (0.06%) at $4,018.97 as of Dec 16, 10:49 PM UTC



(Written and edited by: The Decision Maker)




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