A Fourth Estate® Service

Monday, January 18, 2021

Stock Market Closes Trading Session with Gains

The US stock market jumped as investors in the United States and all over the world cheered the prospect of more fiscal stimulus in order to support a COVID-10-damaged American economy.

The US stock market jumped as investors in the United States and all over the world cheered the prospect of more fiscal stimulus in order to support a COVID-10-damaged American economy.

On Thursday, the Dow Jones rose 164.06 points, or 0.58 percent, to 28,374.88, while the S&P 500 gained 18.39 points, or 0.54 percent, to 3,453.95 and the Nasdaq 100 added 26.11 points, or 0.23 percent, to 11,510.81.

In Asia, the HSI jumped 0.13 percent or 31.71 points, while Japan’s NIKKEI fell 0.70 percent or 165.19 points and China’s SHANGHAI fell 0.38 percent or 12.52 points. In European markets, the STOXX fell 0.14 percent or 3.91 points and the FTSE jumped 0.16 percent or 9.15 points.

In commodities, oil prices jumped 0.05 percent to be at $40,66 per oil prices, while natural gas prices fell 0.07 percent to be at $3,01 per BTU.

Meanwhile, platinum prices jumped 0.14 percent to be at $885,20 per ounce, while copper prices jumped 0.01 percent to be at $3,15 per pound. Also, gold prices jumped 0.03 percent to be at $1,905 per ounce and silver prices jumped 0.19 percent to be at $24,76 per ounce.

In currencies, the Euro jumped 0.3559 percent to be at $0,8460 per US dollar, while the Yen jumped 0.3060 percent or 0.3200 points and the Sterling jumped 0.5656 percent to be at $0,7646 per US dollar.

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