A Fourth Estate® Service

Sunday, January 24, 2021

Stock Market Opens Trading Session with Gains

The US stock market jumped as investors in the United States and all over the world faced the prospect of a potentially contested US presidential election results.

The US stock market jumped as investors in the United States and all over the world faced the prospect of a potentially contested US presidential election results.

On Wednesday, the S&P 500 jumped 1.78 percent or 58.92 points, while Dow e-minis were down 31 points, or 0.11 percent, and Nasdaq 100 e-minis were up 272.25 points, or 2.42 percent.

In Asia, the HSI fell 0.21 percent or 53.59 points, while Japan’s NIKKEI jumped 1.72 percent or 399.75 points and China’s SHANGHAI jumped 0.19 percent or 6.37 points. In European markets, the STOXX jumped 1.05 percent or 29.63 points and the FTSE jumped 0.69 percent or 39.52 points.

In commodities, oil prices jumped 2.68 percent to be at $38,67 per barrel, while natural gas prices fell 1.05 percent to be at $3,03 per BTU.

Meanwhile, platinum prices fell 0.01 percent to be at $874,90 per ounce while copper prices fell 0.78 percent to be at $3,07 per pound. Also, gold prices fell 0.20 percent to be at $1,906 per ounce and silver prices fell 0.90 percent to be at $24,12 per ounce.

In currencies, the Euro fell 0.1875 percent to be at $0,8518 per US dollar, while the Yen fell 0.1819 percent or 0.1900 points and the Sterling jumped 0.0914 percent to be at $0,7663 per US dollar.

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