Business

Set to open Wall Street moderately

on Tuesday, market We are ready to take an optimistic view of vaccine deployment and future stimulus.

After a long week, there are no major financial announcements on the day. The first signs from the US Futures Index suggest that Wall Street could open higher.

Asian stocks ended widely high while European stocks were trading.

Bank of America (BAC), Netflix (NFLX), Procter & Gamble (PG), IBM (IBM), Intel, and (INTC) will announce quarterly results this week.

As of 7:30 AM EST, Dow futures rose 176.00 points, S & P 500 futures rose 24.50 points and Nasdaq 100 futures rose 107.50 points.

Major US indices fell on Friday. The Dow closed at 30,814.26, down 117.26 points (0.6%) after dropping nearly 380 points in the initial trade. The Nasdaq fell 114.14 points (0.9%) to 12,998.50 and the S & P 500 fell 27.29 points (0.7%) to 3,768.25.

On the economic front, the Treasury International Capital Data for November will be released at 4 pm Eastern Standard Time. Last month’s net long-term securities trading was $ 51.9 billion.

The 6-month Treasury short-term securities auction will take place at 11:30 EST.
Asian stocks closed sharply on Tuesday. Chinese stocks have fallen sharply. The benchmark Shanghai Composite Index fell 29.84 points (0.83%) to 3,566.38, and the Hang Seng Index in Hong Kong fell 79.51 points (2.70%) to 29,642.28.

Japanese stocks rose on Tuesday. The Nikkei Stock Average rose 391.25 points (1.39%) to 28,633.46 as investors saw headlines related to the country’s vaccination schedule. The broader Tokyo Stock Price Index closed at 1,855.84, up 0.56 percent.

The Australian market recorded a strong rise. The benchmark S & P / ASX 200 rose 79.60 points (1.19%) to 6,742.60, while the broader All Ordinaries index was 79.60 points (1.15%) to 7,015.

European stocks are mostly traded high. Among the major indices in the region, Germany’s DAX has added 42.47 points or 0.30 percent, and the UK’s FTSE 100 index has increased by 0.40 points or 0.01 percent.

The Swiss market index has lost 1.99 points or 0.02 percent.

The Eurostocks 50 Index, which summarizes the 50 best stocks in the euro area, is up 0.23%.

Contact for comments and feedback: editorial@rttnews.com



Set to open Wall Street moderately

Source link Set to open Wall Street moderately

Back to top button