A Fourth Estate® Service

Friday, December 4, 2020

Stock Market Jumps in Pre-Hours Trading Session

The US stock market jumped pre-hours trading session as investors in the United States and all over the world weighed the potential for more fiscal stimulus.

The US stock market jumped pre-hours trading session as investors in the United States and all over the world weighed the potential for more fiscal stimulus.

On Friday morning, the Dow Jones rose 100 points, implying an opening gain of about 110 points, while the S&P 500 and the Nasdaq 100 gained 0.3 percent and 0.2 percent, respectively.

In Asia, the HSI jumped 0.54 percent or 132.65 points, while Japan’s NIKKEI jumped 0.18 percent or 42.32 points, and China’s SHANGHAI fell 1.04 percent or 34.50 points. In European markets, the STOXX jumped 1.13 percent or 32.20 points, and the FTSE jumped 1.57 percent or 90.94 points.

In commodities, oil prices jumped 0.44 percent to be at $40,82 per barrel, while natural gas prices fell 1.26 percent to be at $2,97 per BTU,

Meanwhile, platinum prices jumped 3.21 percent to be at $912,40 per ounce, while copper prices fell 0.03 percent to be at $3,15 per pound. Also, gold prices jumped 0.54 percent to be at $1,914 per ounce and silver prices jumped 0.83 percent to be at $24,92 per ounce.

In currencies, the Euro fell 0.2719 percent to be at $0,8437 per US dollar, while the Yen fell 0.1049 percent or 0.1100 points and the Sterling fell 0.0262 percent to be at $0,7640 per US dollar.

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