S&P 500 sets a new all-time high as market wraps up mixed
On top of that, the minutes of meeting held by the Federal Reserve reiterated that central bank will not be changing policies in the near future. This is to address the unrest of investors about possible inflation.
Amidst all this, S&P 500 went ahead and broke their own record, going up today by 0.1%. The Dow Jones Industrial Average also managed to close up by 0.1%, while NASDAQ Composite Index staggered down by 0.1%. Meanwhile, all futures of the 3 major indexes are on the green, with NASDAQ gaining 0.73%, followed by S&P going up by 0.34% and lastly the Dow up by 0.09%.
Majority of the U.S. treasury yields went down with only a few, the short term ones, managed to eke out some gains.
Here’s the main movements in the stock market this Wednesday;
• S&P 500 went up by 0.15% or 6.01 points, ending at the new record high of 4,080.00.
• The Dow Jones Industrial Average moved up by 0.05% or 16.02 points ending at 33,446.
• NASDAQ Composite slipped down by 0.07% or 9.54 points closing 13,688.
• Japan’s Nikkei 225 slumped down by 0.07% or 21.81 points and closed at 29,708.98.
• Hong Kong’s Hang Sen gained 1.16% or 333.27 points and ended at 29,008.07.
• 10-Year Treasury yield went down by 1.79%.
• 20-Year Treasury yield dropped down by 1.30%.
• 30-Year Treasury yield fell by 1.32%.
Energy markets heavily impacted by ongoing trade war between U.S. and China, while major currencies ended up mixed as today’s session closed.
• Western Texas Intermediate Crude down by 0.69% to close $59.34 per barrel
• Brent Crude fizzled down by 0.49% closing $62.85 per barrel
• Gold jumped 0.90% or 15.72 and now at $1,744.17 an ounce
• Silver went ahead by 1.24% or 0.31 and currently at $25.16 an ounce
• U.S. Dollar Index dropped by 0.06% at 92.46
• Euro up by 0.0356% closing down to 0.8452 against USD
• Yen drop 0.3004% at 109.51 per dollar
• British Pound jumps 0.0728% at 1.3744 vs USD
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