Skip to main content

Benchmark equities recover losses; Small caps outperformed

Written by Customer Service on . Posted in Public Companies.

The session started the upward trend as soon as the reports on strong economic data was observed as well as the print from companies that reported their first quarter gains. NASDAQ led market rally and gained almost 200 points or 1.44%, followed by S&P with an increase of bit short of 50 points or 1.09%.

Meanwhile, the Dow also stepped forward by 220 points or 0.67%, crossing the 34,000 once more. Small caps even exceeded gains from major indexes, as Russel 2000 ended with an increase of more than 2%.

The futures of the benchmark equities also moved up, ranging from 1% to almost 1.5%. this reflects the strong economic report. Despite the news about changing capital tax for the wealthy to 35.6%, the investors are now more open once the panic about possible resurgence of COVID-19 was replaced by better than expected data of economic recovery.

Below are the key movements in today’s session:

– NASDAQ Composite Index jumped 1.44% or 198.40 points and closed at 14,017
– The S&P 500 Index gained 1.09% or 45.19 points ending 4,180
– The Dow Jones Industrial Average rose by 0.67% or 22759 points, to end at 34,043
– U.S. 2 Year Treasury yield gained 0.012 basis points to 0.164
– U.S. 5 Year Treasury yield stepped up by 0.028 basis points ending at 0.821
– U.S. 10 Year Treasury yield slightly up by 0.023 basis points closing 1.563
– U.S. 20 Year Treasury yield increased by 0.017 basis points now at 2.129
– U.S. 30 Year Treasury yield moved forward with 0.019 basis point gain at 2.240

Precious metals dipped as most traders are widening their ideals for a most profitable market. Crude also dropped following the negative impact from swinging market trades. Currencies all over the world on the other side are now coping up with the continues effect of covid19.

Listed below are the current prices under commodities and currencies.

– Gold dropped $9.79 or 0.55% and is now at $1,784.04 per ounce
– Silver dipped $0.42 or 1.59% to $26.13 an ounce
– Western Texas Intermediate Crude is currently at $62.14 a barrel losing 1.16%
– Brent Crude closed at $66.11 per barrel gaining 1.09%
– Euro / USD = +0.00815 (0.68%) = 1.20965
– USD / Yen = -0.087 (0.08%) = 107.858
– GBP / USD = +0.0040 (0.29%) = 1.3876
– AUD / USD = +0.00407 (0.53%) = 0.77482

For now you may browse more on Synergy Capital Asset Management Limited so you may see what we can offer for your financial needs.
For more information, visit: https://synergycapitalam.com/

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.