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Saturday, January 16, 2021

Stock Market Jumps in Volatile Trading Session

The US stock market jumped in a volatile trading session as investors in the United States and all around the world tracked Washington negotiations for a fresh COVID-19 stimulus package.

The US stock market jumped in a volatile trading session as investors in the United States and all around the world tracked Washington negotiations for a fresh COVID-19 stimulus package.

On Wednesday, the Dow Jones rose 0.13 points, or 0.1 percent, to 28,308.92, while the S&P 500 gained 5.71 points, or 0.17 percent, to 3,448.83 and the Nasdaq 100 added 8.02 points, or 0.07 percent, to 11,524.51.

In Asia, the HSI jumped 0.75 percent or 184.88 points, while Japan’s NIKKEI jumped 0.31 percent or 72.42 points and China’s SHANGHAI fell 0.09 percent or 3.08 points. In European markets, the STOXX fell 1.33 percent or 38.51 points and the FTSE fell 1.91 percent or 112.72 points.

In commodities, oil prices jumped 0.33 percent to be at $40,15 per barrel, while natural gas prices jumped 0.17 percent to be at $3,03 per BTU.

Meanwhile, platinum prices fell 0.11 percent to be at $892,90 per ounce and copper prices fell 0.05 percent to be at $3,20 per pound. Also, gold prices fell 0.16 percent to be at $1,926 per ounce and silver prices fell 0.42 percent to be at $25,14 per ounce.

In currencies, the Euro fell 0.3311 percent to be at $0,8429 per US dollar, while the Yen fell 0.9195 percent or 0.9700 points and the Sterling fell 1.5924 percent to be at $0,7601 per US dollar.

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