Home » Business » [US Market Conditions]S & P500 Rebound, Beware of Prolonged Corona Damage-Pounds Sold-Bloomberg

[US Market Conditions]S & P500 Rebound, Beware of Prolonged Corona Damage-Pounds Sold-Bloomberg

In the US stock market on the 22nd, the S & P 500 stock index fell back. There are concerns that the new coronavirus could curb the economy for a longer period of time than originally thought, and that the U.S. Democratic Party will struggle to pass a $ 1.9 trillion (about 197 trillion yen) economic measure plan to Congress. It got stronger.

  • US stocks, S & P 500 species fall back-concerns such as prolonged corona sickness
  • Treasuries are modestly high, 10-year bond yield 1.08%
  • Pound sterling fall, Prime Minister’s remarks over British mutants-Canadian dollar cheap
  • NY Crude Oil Continues to Fall-Rice Inventory Increases Will Continue to Severe
  • Gold spots continue to fall, corona infection spreads to dollar escape demand

It is the first time in 4 business days that the S & P 500 species will drop.Of the new coronavirus found in the UKMutantMay be associated with increased mortality, said British Prime Minister Johnson. Energy-related stocks have fallen against the backdrop of low crude oil prices. Intel is also cheap.Some investors have said that the semiconductor manufacturing business should be sold, but the next CEO aims to regain the leadership position in the business.Thoughtsshowed that.

S & P 500 species are 3841.47, down 0.3% from the previous day. It increased by 1.9% on a weekly basis. The Dow Jones Industrial Average is down $ 179.03 (0.6%) to $ 30996.98. The Nasdaq Composite Index rose 0.1%. As of 4:04 pm New York time, the yield on US 10-year bonds has fallen by 2 basis points (bp, 1bp = 0.01%) to 1.08%.

Scott Ladner, Chief Investment Officer of Horizon Investments, said of the new Corona, “The infection situation is clearly not good globally, especially in the US and Europe. And how feasible is the US stimulus package? The question of what kind of time axis it will be is rising a little. ” “These two have cooled the heat since November,” he explained.

The pound has fallen in the foreign exchange market. British Prime Minister Johnson said the first discovered corona variant in the country could have a higher mortality rate than initially thought. The government said it would avoid a hasty unlocking. The Canadian dollar has also fallen.Construction of “Keystone XL” pipeline connecting oil fields in Canada and refineries in the Gulf of MexicoAuthorization revokedThere was concern about the impact of this.

The Bloomberg Dollar Spot Index, which shows the movement of the dollar against the 10 major currencies, rose 0.4%. It was the first increase in 5 business days. The pound fell 0.4% against the dollar to $ 1.3682 per pound, the first fall in four days. The dollar is up 0.3% against the yen to 1 dollar = 103.83 yen. The euro is almost unchanged against the dollar, 1 euro = 1.2167 dollars.

New York crude oil futures prices continue to fall. Weekly inventories in the United States increased for the first time since December last year, and although the recovery from the sharp drop in demand due to the pandemic continues, it is widely believed that the situation is still severe.

The New York Mercantile Exchange (NYMEX) West Texas Intermediate (WTI) futures contract fell 86 cents (1.6%) to $ 52.27 a barrel. The March contract for Brent North Sea in London ICE is down 69 cents (1.2%) to $ 55.41.

The gold spot market continues to fall. The dollar was bought as a safe haven and gold was sold as countries strengthened their control measures following the spread of the new corona. As of 3:00 pm New York time, 1 ounce = $ 1856.20, down 0.7%.

Original title:U.S. Stocks Pare Weekly Gain; Dollar Advances: Markets Wrap(Excerpt)

Sterling Remains Lower as U.K. Warns on New Strain: Inside G-10(抜粋)

Oil Falls With Rising U.S. Supplies an Obstacle to Recovery(Excerpt)

Gold Falls With New Virus Lockdowns Spurring Demand for Dollar(抜粋)

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