A Fourth Estate® Service

Monday, January 18, 2021

Stock Market Opens Trading Session with Gains

The US stock market jumped after Wall Street recorded its steepest weekly loss in eight months as investors in the United States and all over the world geared up for the presidential election.

The US stock market jumped after Wall Street recorded its steepest weekly loss in eight months as investors in the United States and all over the world geared up for the presidential election.

On Monday, Dow E-minis were up 477 points, or 1.81 percent and S&P E-minis rose 55.5 points or 1.55 percent and Nasdaq 100 E-minis were up 135.25 points, or 1.23percent.

In Asia, the HSI jumped 1.46 percent or 352.59 points, while Japan’s NIKKEI jumped 1.39 percent or 318.35 points and China’s SHANGHAI jumped 0.02 percent or 0.59 points. In European markets, the STOXX jumped 1.46 percent or 39.53 points and the FTSE jumped 1.05 percent or 58.30 points.

In commodities, oil prices fell 3.02 percent to be at $34,71 per barrel, while natural gas prices fell 2.42 percent to be at $3,27 per BTU.

Meanwhile, platinum prices jumped 1.17 percent to be at $858,30 per ounce, while copper prices jumped 0.05 percent to be at $3,05 per pound. Also, gold prices jumped 0.53 percent to be at $1,889 per ounce and silver prices jumped 1.77 percent to be at $24,06 per ounce.

In currencies, the Euro jumped 0.0233 percent to be at $0,8581 per US dollar, while the Yen jumped 0.0096 percent or 0.0100 points and the Sterling jumped 0.1424 percent to be at $0,7734 per US dollar.

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