A Fourth Estate® Service

Friday, January 22, 2021

Stock Market Opens Trading Session with Gains

The stock market jumps after the S&P 500’s worst day in almost six months as focus shifted to Big Tech earnings but sentiment among investors remained fragile five days before the November 3rd presidential election.

The stock market jumps after the S&P 500’s worst day in almost six months as focus shifted to Big Tech earnings but sentiment among investors remained fragile five days before the November 3rd presidential election.

On Thursday morning, Dow E-minis were up 0.5 percent at 26,554 points and S&P 500 E-minis were up 0.71 percent at 3,286.75 points, and Nasdaq 100 E-minis were up 0.97 percent at 11240 points.

In Asia, the HSI fell 0.49 percent or 122.20 points, while Japan’s NIKKEI fell 0.37 percent or 86.57 points and China’s SHANGHAI jumped 0.11 percent or 3.49 points. In European markets, the STOXX fell 0.71 percent or 19.24 points, and the FTSE fell 0.31 percent or 17.39 points.

In commodities, oil prices fell 3.99 percent to be at $35,90 per barrel, while natural gas prices fell 1.25 percent to be at $3,25 per BTU.

Meanwhile, platinum prices fell 1.44 percent to be at $862,40 per ounce, while copper prices fell 0.44 percent to be at $3,05 per pound. Also, gold prices fell 0.22 percent to be at $1,875 per ounce and silver prices fell 0.85 percent to be at $23,16 per ounce.

In currencies, the Euro jumped 0.3406 percent to be at $0,8543 per US dollar, while the Yen fell 0.0671 percent or 0.700 points and the Sterling jumped 0.2857 percent to be at $0,7723 per US dollar.

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