Skip to main content

Stock Market Update: Stocks ended up mixed after posting intraday record highs

Major indices started the market with positive ticks but ended with small declines after reaching intraday record highs this Wednesday afternoon.

Investors are torn and still assessing whether the latest inflation report will have a big effect for the proposed coronavirus aid bill.

Both Nasdaq and S&P500 dropped a bit after it hits record highs in the start of the morning session while the Dow on the other side ended up higher. Treasuries fell while Gold and Silver ended up mixed.

Below are the main movements in the Stock Market after 4:00 p.m. Wednesday;

– S&P500 dropped less than 0.1% to 3,909.90.
– The Dow Jones Industrial Average rose about 0.20% or is higher by 62.57 points to 31,438.90.
– Nasdaq Composite declined quite a bit and is down by 0.25% or 35.16 points lower to 13,972.53.
– The Stoxx Europe 600 Index loss about 0.2%.
– The MSCI Asia Pacific Index is up with 0.8% changed.
– 10-year Treasury note fell three basis points to 1.126%.
– 30-year Treasury bond dropped to 1.915%.
– Gold is up by 4.42-dollar change or is 0.24% higher to $1,842.25 an ounce.
– Silver is down by less 1usd of is 0.92% lower to $27.03 an ounce.

Bitcoin is also under the investors radar after reaching an all-time-high of more than USD48,000.00 per piece. Possible
reason of the pump is Tesla’s CEO and founder Elon Musk after posting that the company has invested about 1.5 Billion US dollar in Bitcoin. Crypto Enthusiast are expecting that after this news many other big companies will follow suit.

Below are the 5 main Crypto you may want to check into if you are interested in entering crypto currency market.
Current prices are also indicated as of 4:00 p.m.

– Bitcoin (BTC) – $46,359.609
– Ethereum (ETH) – $1,824.669
– Ripple (XRP) – $0.470918
– Bitcoin Cash (BCH) – $523.757
– Litecoin (LTC) – $191.886

For more latest news in US Stock Market and Crypto Currency you may also visit us at our website ‘Invest Consulting Group Limited’ or contact us thru email.
For more information, visit: https://investcgl.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.