Trading Review: Ongoing Reports, Trends, Indices, Stocks, Bonds, Forex and Commodities and Analyst Recommendations
The trading day on Wall Street closed with a mixed trend: the Dow Jones Industrial Average was up 0.3%, the Nasdaq was down 0.6% and the S&P 500 was down 0.1%.
The Dow completes a five-day ascension sequence, with investors tracking the spread of the corona virus variant Omicon. Against this background, the vaccine manufacturers’ shares weakened – Pfizer lost 2.1% and Moderna withdrew 2.3%.
Shares of chips that rose last night retreated, Anvidia fell 2.1% and Applied Materials lost 2.2%. Intel shed 0.4%. Technology stocks swayed and weakened and so Apple lost 0.6%, Microsoft retreated 0.5%.
On the other hand, equities in the tourism and leisure sectors recovered slightly after the sharp declines last night: Boeing rose 1.4%, American Airlines strengthened 1.9%.
Among Israelis, Teva rose 1.6%, Beyond-Wax rose 6.9% and Dwarf Basket jumped 9.6%. On the downside, Nano Dimension dropped 2%, My Size cut 3.6% and Fayette lost 3.8%.
Brent crude, the global benchmark, rose 1.5 percent and a February delivery contract closed at $ 1.18 with $ 79.4 a barrel.
WTI crude rose 0.5 percent and a February delivery contract closed 41 percent at $ 75.98 a barrel.
Gold strengthened, but locked below today’s high. A February delivery contract rose 0.1 percent, to $ 2.1, and closed at $ 1,810.9 an ounce.
The S&P 500, which previously set a new intraday high, erased gains and retreated 0.1%. At the bottom of the index, Dexcom’s glucose monitoring technology maker falls 6.5% and Etsy’s online sales platform loses 3%.
Beyond-Wax continues to rise, but is much more moderate, climbing 7.3% and the Israeli dwarf basket jumps 10%.
Mixed trend in New York: The Dow Jones industrial average is up 0.5%, the Nasdaq is down 0.2% and the S&P 500 is up 0.2%.
European stock markets have closed gains in sparse trading between Christmas and the New Year. In Frankfurt, the DAX rose 0.8%, in Paris the CAC 40 rose 0.6%, in Amsterdam the AEX rose 0.5% and in Madrid and Milan it rose 0.8%. There was no trading in London today. The pan-European Stokes 600 Index was up 0.6%.
Trading in New York continues to be mainly positive, with Nasdaq volatile trading ranging from rising to falling and at this point the index retreated 0.1%.
The Dow Jones industrial average is up 0.5%, led by Boeing, which is up 2%; The Nasdaq index is up 0.1%, while at the top of modernity it is up 2.7%; and the S&P 500 is up 0.3%, led by a carnival that jumps more than 3%.
Markets continue to look for direction in the front of the corona and the spread of the Omicron variant. The CDC has announced a shortening of isolation for asymptomatic vertebrae from 10 to five days. Aviation, tourism and leisure stocks are recovering from the sharp declines they recorded last night.
Among Israelis, Teva is up 2.7%, Iron Source and IceCure are up 1.8%.
Stability in opening in New York, the leading indices are strengthening by about 0.1%. Tesla is up 2%, Apple is down 0.4% and Visa is down 0.5%. BiondVax continues to soar with the opening of trading and rises 22%.
The 10-year US government bond yield drops to 1.45%. The dollar is stable against the currency basket and against the Japanese yen at 114.7 yen per dollar. The euro retreated 0.2% to $ 1.13. In the commodity arena Brent oil is up 0.7% to around $ 79.2 a barrel, WTI oil is up 0.9% at $ 76.2 a barrel. Gold is up 0.2% and is trading at around $ 1,813 an ounce.
Expect a positive opening on Wall Street: Futures on the leading New York indices are trading up 0.4%.
Among the stocks that focus on pre-trading interest:
Apple is approaching the $ 3 billion mark, crossing it if the stock rises 1.4% from last night’s closing price and reaches $ 182.86. Apple strengthens 0.2% pre-trade.
Shares of the cryptocurrency exchange Coinbase are down 2.2%, with the Bitcoin weakening against the background, which is down about 4.2% to around $ 49,000.
Chipmaker Anvidia is advancing more than 1% following four days of gains, AMD strengthening by about 1%.
Trading in Europe continues to be positive, and a similar trend is expected in US stock markets according to futures signals. The government bond market is stable, and the yield on the 10-year bond is 1.48%.
The Israeli company BiondVax continues to leap forward, albeit at a more “moderate” rate of about 40%, as well as advanced Anvidia, Apple, AMD and Tesla.
In the oil trading arena, price increases continue. US oil WTI is trading up 1.5% to $ 76.7 a barrel, while Brent is up 1.3% to $ 79.2 a barrel. Natural gas is stable, gold rising 0.5% to $ 1,818 an ounce.
The roller coaster in the Jerusalem pharmaceutical company’s share BiondVax Continues to gallop. The company is now soaring more than 70% in early trading on Wall Street, after falling 16% yesterday following its announcement of raising $ 9 million by issuing 3.8 million shares at a 15% discount to the pre-announcement market price. The jump is due to the company’s announcement that former CFO of GSK’s International Vaccine Division, Jay Green, is joining its board of directors.
Last week, the stock soared 97% in a huge turnover (about 150 million shares compared to hundreds of thousands of individual shares on weekdays), after signing final agreements for the development and commercialization of corona nanotreatment with the Max Planck Institute and the University of Göttingen Medical Center, Germany. Nano-antibodies have demonstrated significant neutralizing abilities at very low concentrations against the most alarming variants including Delta, and based on studies are expected to neutralize the omicron as well.
Trading in Europe continues to be in a positive trend, with German Dax rising 0.7% and French Kak up 0.5%.
Futures on Wall Street indices are also green, with technology companies continuing to stand out after strengthening even last night. Anvidia Climbs by 1.5%, Tesla and-AMD At 1%. On the other hand Modern Weakened slightly.
The day of trading on European stock exchanges opened with slight gains. There is no trading in London today either (tomorrow the stock exchange will return to activity there).
In the trading of contracts on the Wall Street indices, stability is recorded.
In Tokyo, trading ended with a 1.4% rise in the Nikkei index.
Asian stock markets are trading in a positive trend today. In Tokyo, the Nikkei index is up 1.1% and in Shanghai and Hong Kong there are slight increases.
In trading on Wall Street indices, stability is recorded with a tendency for declines.
This is after the last trading week of the year opened in the global markets in a positive atmosphere, and the Wall Street indices ended last night with price increases – when the S&P 500 reached a new high again (69 this year) after advancing close to 1.4%. The Nasdaq also rose at a similar rate, with Dow Jones adding nearly 1%.
In trade in oil contracts, there are slight increases. A Brent oil contract rose 0.1 percent to $ 78.7 and a February contract for WTI oil rose 0.3 percent to $ 75.8 a barrel.
Gold records a slight increase.
In the crypto market, volatility continues and after yesterday a sharp rise in bitcoin, it is now recording a decline of about 4% and is trading around $ 49,100. Heather dropped about 4% to around $ 3,910.