The Dow jumped 100 points above 31,000 today as investors watched the earnings of listed companies. And the Federal Reserve’s monetary policy meeting (Fed) this week.
As of 9:49 p.m. Thai time, the Dow Jones Industrial Average was 31,081.84, a positive 121.84 point, or 0.39%.
General Electric (GE) share price jumped 9 percent after disclosing revenue and cash flow figures in 4Q20, higher than analysts had expected.
Johnson & Johnson’s (J&J) share price rebounded more than 3% after disclosing higher-than-expected 4Q20 earnings and revenue.
J&J may also release results of a COVID-19 vaccine trial this week after conducting a Phase III vaccine trial on 45,000 volunteers.
J&J said the company’s vaccine could immunize the COVID-19 virus. With just one injection Unlike Pfizer / Biotech, AstraZeneca / University of Oxford and Moderna vaccines, they all require two injections and two injections. The dosages impose restrictions on governments of various countries on the vaccination of their citizens. As a result, some countries try to prolong the time between the first and second doses of vaccination. So that the first dose of vaccination is given to the largest number of people
Several of the big companies on Wall Street will report earnings this week, including Apple, Microsoft, Boeing, Netflix and Tesla.
The information says Among the companies in the S&P 500 that posted 4Q20 results, 70% reported higher-than-expected revenue and profit figures.
The Fed will hold its meeting on Jan. 26-27, with analysts expecting the Fed to continue to hold interest rates at 0.00-0.25%, while markets watch the Fed continue to buy bonds following quantitative easing (QE). ) In the amount of $ 1.2 billion / month? Amid the spread of the COVID-19 virus in the US
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