Stocks rose second session of 2021, Treasuries drop as market wraps up

January 5, 2021

Major Indices has rose and recovered some of its losses in the opening session yesterday, so with Treasuries as investors waits for Georgia Senate Runoff Election results, which will determine if Republicans will remain on hold of the Senate.

The Dow gained almost 170 points or less than .60% after dropping around 1.25% on the first market session of 2021. S&P 500 and Nasdaq also climbed around 0.70% and less than 1%, respectively.

See below movements of Stocks this Tuesday 4:00 p.m. of New York Time;

  • S&P 500 is up around 26.21 points or is 0.71% higher to 3,726.86.
  • The Dow Jones Industrial Average rose around 167.71 points or is up by 0.55% to 30,391.60.
  • Nasdaq Composite surged about 120.51 or 0.95% to 12,818.96.
  • The Stoxx Europe 600 Index dropped around 0.2%.
  • The MSCI Asia Pacific Index rose about 1.1%.

Treasuries jumps ahead of Georgia Senate Runoff Election gaining more than 5 points.

  • The yield on the benchmark 10-year Treasury note appreciates around 5 basis points to 0.964%.
  • The yield on the 30-year Treasury bond surged around 6 basis points to 1.721%.
  • Britain’s 10-year yield is up about four basis points to 0.209%.
  • Germany’s 10-year yield rose around three basis points to -0.58%.

Gold continues to gain upward as U.S. crude oil prices jumped less than 5% to top $50 per barrel for the first time since February 2020.

  • Gold rose and is up around 7.07 points or 0.36% to $1,951.35 an ounce.
  • Silver climbed about 0.66 points or is 2.72% to $24.38 an ounce.
  • West Texas Intermediate crude rose about 2.31 points or is up by 4.85% to $49.93 per barrel.
  • Brent crude climbed around 2.51 points or is 4.91% higher to $53.60 a barrel.

Currencies rallied mixed as market closed this Tuesday.

  • US Dollar Currency Index is down by 0.48% to 89.436 per dollar.
  • The Japanese yen rose about 0.4% to 102.74 per dollar.
  • The euro is up by 0.4% to $1.2291.


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