A Fourth Estate® Service

Thursday, January 21, 2021

Stock Market Falls in Pre-Market Trading Session

The US stock market fell in Friday’s pre-market trading session as US fiscal stimulus negotiations broke down and COVID-19 cases keep rising in the country. Futures on the Dow Jones pointed to an opening drop of about 180 points, while S&P 500 futures and Nasdaq 100 slid 0.6 percent and 1 percent, respectively.

The US stock market fell in Friday’s pre-market trading session as US fiscal stimulus negotiations broke down and COVID-19 cases keep rising in the country. Futures on the Dow Jones pointed to an opening drop of about 180 points, while S&P 500 futures and Nasdaq 100 slid 0.6 percent and 1 percent, respectively.

In Asia, the HSI fell 1.95 percent or 479.18 points, while Japan’s NIKKEI fell 1.52 percent or 354.81 points and China’s SHANGHAI fell 1.47 percent or 48.19 points. In European markets, the STOXX fell 0.39 percent or 10.63 points and the FTSE fell 0.29 percent or 16.24 points.

In commodities, oil prices fell 0.08 percent to be at $36,14 per barrel, while natural gas prices jumped 0.06 percent to be at $3,30 per BTU.

Meanwhile, platinum prices jumped 0.41 percent to be at $853,01 per ounce while copper prices fell 0.38 percent to be at $3,04 per pound. Also, gold prices jumped 0.64 percent to be at $1,880 per ounce and silver prices jumped 1.11 percent to be at $23,62 per ounce.

In currencies, the Euro fell 0.0350 percent to be at $0,8562 per US dollar, while the Yen fell 0.2007 percent or 0.2100 points and the Sterling fell 0.3103 percent to be at $0,7711 per US dollar.

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