The Dow closed a positive 36.12 points in response to the US economy recovering. While gold rose 1.7 dollars, investors bought back after a heavy fall. Maximum oil around 1 year
US stock markets move up. Responds to the results of the US listed companies That began to announce better than expected And employment of the private sector increased more than expected. While the market awaits stimulus measures from the US government.
- The Dow closed at 30,723.60 points, up 36.12 points, or 0.12 percent.
- The S&P 500 closed at 3,830.17 points, up 3.86 points, or 0.10 percent.
- The Nasdaq closed at 13,610.54, down 2.23, or 0.02 percent.
The price of gold closed up $ 1.7, investors took a spoon to buy after Tuesday’s heavy price plunge on commodity markets turbulence.
- COMEX (Commodity Exchange) gold gained $ 1.7, or 0.09 percent, to close at $ 1,835.1 an ounce.
West Texas crude oil (WTI) closed positive for a third consecutive day on the basis of a drop in US crude stocks to the lowest level since March last year. And hopes from a new round of US economic stimulus measures will support economic activity and rebound demand for oil.
- WTI crude rose 93 cents, or 1.7 percent, to $ 55.69 a barrel. Which is the highest closing level since Jan 2020
- Brent crude rose $ 1, or 1.7 percent, to $ 58.46 a barrel.
WTI crude closed at a year’s high after the US government’s Energy Information Administration. The US crude stock report was down 1 million barrels as of Jan. 29, reaching 475.7 million, the lowest since March 2020.
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