U.S. financial markets marked the introduction of all three main indices to fresh historical peaks on Monday 28 December, the first day of trade after Christmas. Fears that federal departments will be left without Tuesday’s financing and that Americans will be left without subsidies have
In this last (full) session before the extended Christmas weekend, Wall Street regained some ground. On Wednesday, the Dow Jones picked up +0.38 percent to 30,130 points. The S&P 500’s wide index gained +0.07% to 3,690 points, while the Nasdaq Composite index, rich in stocks
The US dollar strengthened against major currencies on Tuesday, December 22. The DXY index was up 0.66 percent on the day to close at 90.546, while price of EUR/USD pair dropped by 0.62 percent to $1.21637. The rise came as the situation with coronavirus in
The New York Stock Exchange ended in a spread order on Wednesday after a volatile day with the Nasdaq setting a new record high, while the S&P 500 is close to its own. The Fed reaffirmed its intention to continue its long-term support in the
After celebrating the launch of the U.S. coronavirus vaccine program, Wall Street ended Monday’s half-tone session in the face of the epidemic’s revival. The 300,000-dead Covid-19 mark was symbolically crossed in the U.S. on Monday, and New York City is contemplating re-shutting itself. Investors are
On Wednesday, job openings on the macro-economic front in the U.S. stood at 6.652 million in October, compared to 6.3 million by consensus. The reading of the previous month has been updated to 6.494 million; the U.S. JOLTS’s Department of Labor study reveals. Wholesale inventories
The U.S. indices ended the trading session in positive territory on Tuesday, December 8, after the Food and Drug Administration (FDA) released first scientific evaluation, setting the stage for the government to give a go ahead to the Covid-19 vaccine developed by Pfizer and BioNTech
On Thursday December 3, in the hope of progress in negotiations on a new stimulus package, the key U.S indices showed positive dynamics. Safe haven assets also came up with positive traits on the day with gold and US Treasury bonds added more to their
So since Monday, it has been official. Janet Yellen, the former chair of the U.S. Federal Reserve, has been appointed Treasury Secretary by Joe Biden. She will take over from Steven Mnuchin when the new White House administration assumes office on January 20. The 74-year-old
This month, markets have benefited from many comfort factors, beginning with the positive outcomes of many coronavirus vaccine trials, but also the approval by Donald Trump of the presidential transition, or the insistent reports of former Fed boss Janet Yellen as head of Joe Biden’s
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