Investam-HK: Nasdaq fell short back to 10,000 while Gold remained strong, other major indices are up
Stocks rallied mixed this Monday session as investors focus on the reports of positive earnings results and upcoming government’s stimulus package.
Nasdaq however lost its pace and is down again at 10k range. Major contributors of the dipped are tech giants Microsoft and Facebook who slid around 2% while Amazon fell by 0.6%.
Gold index is down for four consecutive days now but remained at $2,000 an ounce while crude oils are up.
Here are the main movements from the Global market;
Stocks
– The Dow Jones Industrial Average advances with 357 points change or 1.3% closing its price around 27,791.44. Its 6th day positive gained for this month.
– The S&P 500 climbed up with 0.3% to 3,360.47, just as the market closed by 4:00 in the afternoon New York time.
– Nasdaq Composite fell big time losing about 0.4% down to 10,968.36.
– The MSCI All-Country World Index climbed 0.1% to 563.83.
Bonds
– The yield on the benchmark 10-year Treasury note fell 1 basis point to 0.5484%.
– The yield on the 30-year Treasury bond was slightly lower at 1.2233%.
– The yield on the two-year treasury has no to little change to 0.133%.
– Britain’s 10-year yield decreased one basis point to 0.131%.
– Germany’s 10-year yield declined two basis points to -0.53%.
Commodities
– Gold index dipped losing about 3.08 points or 0.15% to $2,029.08 an ounce.
– Silver climbed up with 1.02 points change or 3.50% to $29.23 an ounce. Breaking its four days negative race.
– West Texas Intermediate crude increased with 0.72 point or 1.75% to $41.94 per barrel.
– Brent crude jumps with 0.59 points gain or 1.33% to $44.99 per barrel.
Currencies
– US Dollar Currency Index is up by 0.03% to $93.55 per share.
– The Japanese yen was little changed at 105.95 per dollar.
– The euro declined 0.4% to $1.1745, the weakest in almost two weeks.
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