HoonSmart.com >> US stock markets fell on all three locations. The new economic stimulus package is uncertain. Fed says big banks pass stress test But still cannot increase the dividend payment Most European stock markets fell. Crude oil prices continue to rise.
The Dow Jones Industrial Average (DJIA) closed on December 18, 2020 at 30,179.05 points, down 124.32 points or 0.41% amid volatile trading. Because Congress’s consideration of a new stimulus package is fraught with uncertainty.
The S & P500 closed at 3,709.41 points, down 13.07 points, -0.35%.
The Nasdaq closed at 12,755.64 points, down 9.11 points, -0.07%.
At the opening of the market, all three indices rallied to reach new highs.
Trading conditions in the market are volatile. It is the maturity date for the delivery of options and quarterly futures contracts for stocks and indices simultaneously (quadruple witching day) before weakening. It is likely that Congress leaders are unable to finalize a new $ 900 billion economic remedy by midnight on Friday. And extend the negotiation period until this weekend
However, after the market is closed The Senate has passed a temporary budget bill. This will allow the government to operate for another two days until Dec. 20, and has sent a bill for President Donald. Trump signs next law
The Federal Reserve (Fed) revealed the results of the latest Stress Test that Big banks passed the test, including JP Morgan Chase, Goldman Sachs, Citigroup Bank of America. And other banks can repurchase shares But unable to increase the dividend
The Conference Board released the November Leading Economic Index (LEI), up 0.6%, rising for the seventh straight month and above the 0.5% analysts expected.
The third-quarter current account deficit rose 10.6%, mainly due to the trade deficit.
Moderna shares 2.62% on profit from a recent price hike. Even the Food and Drug Administration (FDA) has approved the novel coronavirus vaccine. Of the company is an emergency After Thursday, the FDA’s advisory committee commented that The company’s vaccines are safe.
Most European stock markets fell. Led by the retail group, a 1.8 percent drop on concerns over the UK-EU trade deal, with EU negotiators Michel Barnier, negotiating time has expired. And the UK has a deadline to leave the European Union on Dec. 31.
Research firm GfK revealed consumer confidence in the UK in December rose significantly to -26 levels from -33 in November as a result of the start of vaccination for the public.
In Germany, the Ifo Research Institute said business sentiment rose to 92.1, higher than the 90.0 analysts had expected.
The Stoxx Europe 600 index closed at 395.90 points, down 1.38 points, -0.35%.
Index FTSE 100 London Stock Exchange closed at 6,529.18 points, down 21.88 points, -0.33%.
Index CAC 40 French stocks closed at 5,527.84 points, down 21.62 points, -0.39%.
German stocks DAX index closed at 13,630.51 points, down 36.74 points, -0.27%,
WTI crude oil for January delivery was up 74 cents to close at $ 49.10 a barrel. The highest since Feb. 26 this year, North Sea Brent crude for February delivery was up 76 cents to $ 52.26 a barrel. Highest since March 3 this year
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