Loading...

The three Major Indices posted new record highs as Market closed Wednesday afternoon

January 20, 2021

US Stocks rallied and ended up with new record of all-time highs (ATH) after investors sees growing corporates earnings with the recent federal spending and the optimism flows with US President Joe Biden’s assumption to office.

Nasdaq continued to gained leading the vast market higher with almost 2% increased, while both S&P 500 and the Dow showed same sentiments and is posted new record highs.

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

  • S&P 500 is up around 52.94 points or is 1.39% higher to 3,851.85.
  • The Dow Jones Industrial Average rose around 257.86 points or is up by 0.83% to 31,188.38.
  • Nasdaq Composite surged about 260.07 points or is higher by 1.97% to 13,457.25.
  • The Stoxx Europe 600 Index jumps up a bit with 0.7% increased to 410.78.

US Treasury yields fell a few points on Tuesday even after positivity flows as US President Joe Biden sworn into office.

  • The yield on the benchmark 10-year Treasury note dropped a bit to 1.085%.
  • The yield on the 30-year Treasury bond remained unchanged at 1.835%.
  • The two-year Treasury note fell and is down to 0.13%.
  • Germany’s 10-year yield dipped less than one basis point to -0.53%.

Under commodities, Gold, Silver and crude keeps pushing upward and ended up higher as market closed.

  • Gold rose and is up around 31.21 points or 1.67% to $1,871.61 an ounce.
  • Silver climbed about 0.66 point or is 2.54% to $25.88 an ounce.
  • West Texas Intermediate crude rose about 0.33 point or is up by 0.62% to $53.31 per barrel.
  • Brent crude climbed around 0.18 point or is 0.32% higher to $56.08 a barrel.

Currencies all around the globe has rallied and ended up mixed as market closed this Wednesday.

  • US Dollar Currency Index is down by 0.023 point or is lower by 0.03% to 90.475 per dollar.
  • The Japanese yen appreciated 0.3% to 103.57 per dollar, its highest gain yet on about two weeks.
  • The euro dropped about 0.2% to $1.2101.
  • The British pound jumps a bit with 0.1% increased to $1.3644.

 

Keep yourself updated with the latest news on stock market and finance by browsing our website – Hanson Capital Limited.