Trade overview: current reports, trends, indices, stock prices, bonds, foreign exchange and commodities and analyst recommendations
08:10
This morning in Asia, trading is conducted in a mixed trend. Nikkei rises by 0.8%, the Kospi strengthens by about 0.8%. The Hang Seng falls by 1.7% and the Shanghai Index weakens by 1.9%.
Wall Street futures indicate slight declines – Nasdaq by 0.2%, Dow Jones by 0.1% and S&P 500 by 0.1%.
Yesterday trading on Wall Street closed in a positive trend – Nasdaq closed unchanged, mainly because of the decline of Alphabetical (Google) By about 5%, the Dow Jones was up 1% and the S&P 500 was up 0.5%. The Russell 2000 index, considered a barometer for small companies and benefiting from expectations of an economic upturn under the expected presidency of Donald Trump, rose 1.7%.
In the commodity sector, after rising by over 2% yesterday, this morning crude oil also rose slightly by 0.1% and traded at $70.12 per barrel, and Brent oil at $74.21 per barrel.
At the same time, increases in crypto: Bitcoin strengthened in the last day by about 1.5% more and now its value is about $98,829 per coin. Another line of optimism surrounding the digital currency is the announcement by the chairman of the US Securities and Exchange Commission, Gary Gensler, that he will leave his position on January 20. During his tenure, the SEC expanded regulatory enforcement against crypto companies. Despite the success of many lawsuits, the move provoked Strong opposition from Republicans The approach of Trump, who supported crypto during his campaign, created expectations That the SEC will stop prosecuting crypto companies after Gensler’s retirement.
Ethereum also climbs by 8.5%, and now its value is about $3,375 per coin.
For your attention: The Globes system strives for a diverse, relevant and respectful discourse in accordance with the code of ethics that appears in the trust report according to which we operate. Expressions of violence, racism, incitement or any other inappropriate discourse are filtered out automatically and will not be published on the site.