A Fourth Estate® Service

Friday, January 15, 2021

Stock Market Opens Trading Session with Gains

The US stock market jumped on bets that a gridlock in Washington could reduce the change of policy changes that could hurt corporate America during the COVID-19 epidemic.

The US stock market jumped on bets that a gridlock in Washington could reduce the change of policy changes that could hurt corporate America during the COVID-19 epidemic.

On Thursday morning Dow e-minis were up 352 points, or 1.27 percent, while S&P 500 e-minis were up 61.5 points, or 1.79 percent, and Nasdaq 100 e-minis were up 321.75 points, or 2.74 percent.

In Asia, the HSI jumped 3.25 percent or 809.78 points, while Japan’s NIKKEI jumped 1.73 percent or 410.05 points and China’s SHANGHAI jumped 1.30 percent or 42.69 points. In European markets, the STOX jumped 0.57 percent or 16.57 points and the FTSE jumped 0.23 percent or 13.68 points.

In commodities, oil prices fell 1.12 percent to be at $38,71 per barrel, while natural gas prices jumped 1.38 percent to be at $3,09 per BTU.

Meanwhile, platinum prices jumped 2.06 percent to be at $888,01 per ounce, while copper prices fell 0.48 percent to be at $3,09 per pound. Also, gold prices jumped 1.24 percent to be at $1,919 per ounce and silver prices jumped 3.34 percent to be at $24,69 per ounce.

In currencies, the Euro fell 0.8561 percent to be at $0,8454 per US dollar, while the Yen fell 0.4211 percent or 0.4400 points and the Sterling fell 0.6885 percent to be at $0,7645 per US dollar.

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