Stock Market Closes Trading Session with Losses

The US stock market fell as mounting US layoffs in the wake of new lockdowns to contain surging COVID-19 infections in the country dampened investor risk appetite.

The US stock market fell as mounting US layoffs in the wake of new lockdowns to contain surging COVID-19 infections in the country dampened investor risk appetite.

On Wednesday, the Dow Jones fell 173.77 points, or 0.58 percent, to 29,872.47; while the S&P 500 lost 5.76 points, or 0.16 percent, to 3,629.65; and the Nasdaq 100 added 57.08 points, or 0.47 percent, at 12,094.40.

In Asia, the HSI jumped 0.31 percent to be at 26669.75, while Japan’s NIKKEI jumped 0.50 percent to be at 26296.86, and China’s SHANGHAI fell 1.19 percent to be at 3362.33. In Europe, the STOXX fell 0.08 percent to be at 3083.12, and the FTSE fell 0.64 percent to be at 6391.09.

In commodities, oil prices fell 0.20 percent to be at $45,62 per barrel, while natural gas prices fell 0.54 percent to be at $2,94 per BTU.

Meanwhile, platinum prices jumped 0.11 percent to be at 970,90 per ounce and copper prices jumped 0.05 percent to be at $3,31 per pound. Also, gold prices jumped 0.07 percent to be at $1,806 per ounce and silver prices jumped 0.18 percent to be at $23,40 per ounce.

In currencies, the Euro fell 0.2735 percent to be at $0,8385 per US dollar, while the Yen fell 0.0096 percent or 0.0100 points and the Sterling fell 0.1604 percent to be at $0,7471 per US dollar.


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