A Fourth Estate® Service

Saturday, January 23, 2021

Stock Market Closes Trading Session with Losses

The US stock market fell as investors favored sectors that suffered most during the COVID-19 crisis over those that benefited from the lockdowns imposed to contain the spread of the virus.

The US stock market fell as investors favored sectors that suffered most during the COVID-19 crisis over those that benefited from the lockdowns imposed to contain the spread of the virus.

On Tuesday, the Dow Jones rose about 262 points, or 0.9 percent to close at 29,401.87, while the S&P 500 fell 0.1 percent to close at 3,547.03 and the Nasdaq Composite fell 1.4 percent to close at 11,571.50.

In Asia, the HSI jumped 1.10 percent or 285.31 points to close at 26301.48, while Japan’s NIKKEI jumped 0.26 percent or 65.75 points to close at 24905.59 and China’s SHANGHAI fell 0.40 percent or 13.59 points to close at 3360.15. In European markets, the STOXX jumped 1.08 percent or 32.60 points to close at 3054.02 and the FTSE jumped 1.79 percent or 110.56 points to close at 6296.85.

In commodities, oil prices jumped 0.05 percent to be at $41,38 per barrel, while natural gas prices jumped 0.14 percent to be at $2,95 per BTU.

Meanwhile, platinum prices fell 0.59 percent to be at $887,40 per ounce while copper prices jumped 0.10 percent to be at $3,16 per pound. Also, gold prices fell 0.04 percent to be at $1,875 per ounce and silver prices fell 0.58 percent to be at $24,32 per ounce.

In currencies, the Euro jumped 0.0118 percent to be at $0,8465 per US dollar, while the Yen fell 0.0759 percent or 0.0800 points and the Sterling fell 0.6319 percent to be at $0,7548 per US dollar.

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