Stock Market Closes Trading Session with Losses

The US stock market fell as concerns over a new variant of the COVID-19 virus and negative economic data stole the optimism from Washington’s passage of a pandemic relief bill.

The US stock market fell as concerns over a new variant of the COVID-19 virus and negative economic data stole the optimism from Washington’s passage of a pandemic relief bill.

On Tuesday, the Dow Jones fell 0.67 percent to close at 30,015.51, while the S&P 500 fell 0.21 percent to close at 3,687.26 and the Nasdaq 100 jumped 0.51 percent to close at 12,807.92.

In Asia, the HSI fell 0.71 percent to be at 26119.25, while Japan’s NIKKEI fell 1.04 percent to be at 26436.39, and China’s SHANGHAI fell 1.86 percent to be at 3356.78. In European markets, the STOXX jumped 1.05 percent to be at 3049.54, and the FTSE jumped 0.57 percent to be at 6435.16.

In commodities, oil prices fell 1.77 percent to be at $47,12 per barrel, while natural gas prices jumped 3.59 percent to be at $2,80 per BTU.

Meanwhile, platinum prices fell 0.20 percent to be at $1,007 per ounce while copper prices fell 0.10 percent to be at $3,52 per pound. Also, gold prices fell 0.18 percent to be at $1,867 per ounce and silver prices fell 0.61 percent to be at $25,38 per ounce.

In currencies, the Euro jumped 0.7224 percent to be at $0,8226 per US dollar, while the Yen jumped 0.3582 percent or 0.3700 points, and the Sterling jumped 0.9161 percent to be at $0,7491 per US dollar.


© Fourth Estate® — All Rights Reserved.
This material may not be published, broadcast, rewritten or redistributed.