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Friday, January 22, 2021

Stock Market Fell in Pre-Market Trading Session

The US stock market fell on pre-market trading session as investors in the United States and all over the world fear that the economic rebound might take longer than expected as some American states braced for more business restrictions to contain the spread of the COVID-19.

The US stock market fell on pre-market trading session as investors in the United States and all over the world fear that the economic rebound might take longer than expected as some American states braced for more business restrictions to contain the spread of the COVID-19.

On Wednesday, the Dow Jones jumped 0.90 percent or 262.95 points to be at 29,420.92, while the Nasdaq 100 fell 1.74 percent or 206.10 points to be at 11,624.29 and the S&P 500 fell 0.14 percent or 4.97 points and 3,545.53 points.

In Asia, the HSI fell 0.28 percent or 74.50 points to be at 26226.98, while Japan’s NIKKEI jumped 1.78 percent or 444.01 points to be at 25349.60, and China’s SHANGHAI fell 0.53 percent or 17.95 points to be at 3342.20. In European markets, the STOXX jumped 1.18 percent or 35.97 points to be at 3089.99 and the FTSE jumped 0.92 percent or 58.07 points to be at 6354.92.

In commodities, oil prices jumped 2.44 percent to be at $42,37 per barrel, while natural gas prices fell 0.68 percent to be at $2,93 per BTU.

Meanwhile, platinum prices fell 0.82 percent to be at $885,40 per ounce while copper prices fell 0.10 percent to be at $3,15 per pound. Also, gold prices fell 0.02 percent to be at $1,876 per ounce and silver prices fell 0.58 percent to be at $24,32 per ounce.

In currencies, the Euro jumped 0.4845 percent to be at $0,8503 per US dollar, while the Yen jumped 0.2090 percent or 0.2200 points and the Sterling jumped 0.2788 percent to be at $0,7553 per US dollar.

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