Redwood Capital Management Limited: Stocks ended mixed lead by S&P 500 as it ekes out record high
Major Indices rallied on a great day in Wall Street and ended up mixed after positive reports with regards the new stimulus aids carries on after the US election and a rebound in crude oil’s price.
Energy shares gains like Exxon Mobil Corp. and Chevron Corp. has contributed big time in S&P 500’s price in today’s trading session.
Treasuries and Gold advances, dollar slumped.
Meanwhile, below are the rest of the movements in Stock Market this Wednesday;
Stocks
• Nasdaq Composite dropped around 5.74 points or is 0.05% lower to 12,349.37.
• S&P 500 rose with 6.56 points increased or is 0.18% higher to 3,669.01.
• The Dow Jones Industrial Average surge about 61.12 points or is higher by 0.20% to 29,885.04.
• The Stoxx Europe 600 Index is down by 0.1% to 391.69.
• The MSCI All-Country World Index gained a bit with 0.3% increased to 626.59.
Commodities
• Gold advances with 19.18 points change higher or is up by 1.05% to $1,830.69 an ounce.
• Silver is also up with 0.24 point or 0.99% increased to $24.05 an ounce,
• West Texas Intermediate crude rose and is up by less than one point or 1.64% to $45.28 per barrel.
• Brent crude slightly move higher to $47.90 per barrel.
Bonds
• The yield on the benchmark 10-year Treasury note has rose a bit with 1 basis point gain to 0.95%.
• The yield on the 30-year Treasury bond is up about 2 basis points to 1.70%.
• Germany’s 10-year yield advances about one basis point to -0.52%.
• Britain’s 10-year yield strengthened around one basis point to 0.354%.
Currencies
• US Dollar Currency Index is down around 0.21% to 91.118 per dollar.
• The Japanese yen weakened as is down with 0.2% loss to 104.51 per dollar.
• The British pound declined about 0.4% to $1.3366.
• The euro is up a bit with 0.3% change higher to $1.2102.
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