US Equity Futures Is Pointing to Acquire After President Trump’s $ 900 Billion Signature of Economic Assistance Package, May Help Reduce Uncertainties as Governments Ban Travel and Trade in Response to New Coronovirus Variants Plays and traders return from long leave for finals. A few days of trading before the new year.
|The anchor||Security||last||Change||Change %|
|Me: DJI||Dow jones average||30199.87||70.04||+ 0.23%|
|SP500||S&P 500||3703.06||13.05||+ 0.35%|
|Me: comp||NASDAQ Composite Index||12804.734046||33.62||+ 0.26%|
On Wall Street, the benchmark S&P 500 index rose 0.4% to 3703.06 on Thursday in its last pre-Christmas trading day. The Dow Jones Industrial Average rose 0.2% to 30,199.87. The Nasdaq Composite climbed 0.3% to 12,804.73.
Investors have been encouraged by the development of coronavirus vaccines but optimism has been fueled by the discovery of new, more infectious variants.
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Trump signed the measure, including money for other government functions through September, despite expressing disappointment that the $ 600 payment to the public was not large. His signature helped dispel uncertainty following last-minute objections as trade resettled and global economic activity threatened to curb trade.
In a report, Stephen Ines of Axi said, “Balloon balloon will allow markets to better navigate new air pockets seen on radar. ”
Asian stock markets rose on Monday after the US president’s action. Traders returned to work after the three-day Christmas weekend as Shanghai, Tokyo and Hong Kong advanced.
The Shanghai Composite Index rose 0.3% to 3,406.69 and the Nikkei 225 in Tokyo rose 0.5% to 26,798.62. Hang Seng was down 0.1% at 26,391.20 in Hong Kong.
Meanwhile, in Hong Kong, Chinese e-commerce giant Alibaba Group announced that it was expanding share buybacks from $ 6 billion to $ 10 billion. Alibaba shares fell 7% after announcing an anti-monopoly investigation last week and postponing Ant Group’s stock market debut, an online finance platform in which Alibaba holds a 33% stake.
In Seoul, Kospi rose 0.4% to 2,817.79, while India’s Sensex opened 0.06% at 47,230.55.
Singapore and Jakarta also advanced. Australian markets were closed.
On Monday, South Korea reported its first cases of the new version among three people from Britain. Over the weekend, Japan also reported cases and re-imposed limits on entry into the country by non-resident foreigners. It also stated that both Japanese and foreign residents would be required to show coronovirus test results upon arrival and to observe quarantine.
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In energy markets, benchmark US crude lost 7 cents to $ 48.16 a barrel on the New York Mercantile Exchange. On Thursday, the contract closed 11 cents higher at $ 48.23. Brent crude, the basis of international oil pricing, is 12 cents to $ 51.22 per barrel in London. It rose $ 9 to $ 51.29 per barrel in the previous session.
The dollar was down from Friday’s 103.68 yen to 103.54 yen. The euro rose from $ 1.2180 to $ 1.2216.