New York Stock Declines $ 620, Disgusting J&J Gamestop Clinical Trial Results Soar 68% | Reuters



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[Nueva York, 29, Reuters]-The US stock market has tumbled, with 30 Dow Jones industrial averages closing at $ 620. Major stock indices posted the steepest drop since October last year on the week. In addition to the Johnson & Johnson (J&J) drug crash, the recent offensive and defense by hedge funds and individual investors has shaken up prices.

The US stock market crashed and 30 Dow Jones industrial averages closed at $ 620 (2021 Reuters / Carlo Allegri)

J&J was down 3.6%, pushing down the Dow Jones Industrial Average and the S&P 500 Index. The company announced that the new coronavirus vaccine in development was 66% effective. The result was lower than the preventive effect of around 95% shown by the vaccines manufactured by Pfizer in the United States, Biontech in Germany and Moderna in the United States.

In these circumstances, on this day, they revived the purchases of individual investors for the sale of video games such as GameStop, and rekindled concerns about the “short squeeze”, in which hedge funds and other sales methods were intensified.

Sylvia Jabronski, CIO of Defiance ETF (New York), said: “In general, the market will pull back if there is a long winter nesting or bad news that forces us to refrain from spending. I have to wait and see.” He also said that he witnessed a move like GameStop and was a bit upset.

Gamestop is 67.9% higher. The price has more than doubled in a moment. Robin Hood, an online brokerage firm, has relaxed trade restrictions, reinvigorating purchases by individual investors. The manufacturing cost of stereo headphones is 52.52% higher.

Following the surge in game stops, US investment intelligence firm Citron Research, which specializes in short sales, has announced that it will no longer publish reports on short sales.

The Securities and Exchange Commission (SEC) has announced that it will investigate acts that may “unfairly prevent” the trading of certain stocks and will carefully monitor fraudulent activity. “While the core market infrastructure has proven tolerant of this week’s extraordinary volume, extreme volatility in share prices can cause rapid and severe losses for investors and undermine market sentiment,” he said.

Apple and Microsoft were sold, down 3.7% and 2.9%, respectively, as hedge funds and others moved to sell some of their top-tier stocks to make up for the billion-dollar losses they made in short …

According to data from Refinitiv, of the 184 S&P 500 companies that announced their financial results for the fourth quarter of 2020 on the morning of the 29th, 84.2% of the companies obtained profits that exceeded analysts’ expectations, which which represents the last four quarters. is above the average (75.5%) of.

The combined trading volume of the US stock market is 17.13 billion shares. The average of the last 20 business days is 15.26 billion shares.

On the New York Stock Exchange, the number of falling shares outnumbered the number of rising shares by a ratio of 2.88: 1. On NASDAQ, the number of shares that fell 2.38 to 1 was large.

Closing price% of the previous day Opening price High price Low price code

30 Dow Jones Industrial Averages 29982.62 -620.74 -2.03 30553.9 30553.9 29856.3

1 1 0

Closing price of the previous business day 30 603.36

NASDAQ Composite 13070.70 -266.46 -2.00 13284.7 13322.0 12985.0

2 0 5

Closing price of the previous business day 13337.16

S & P Rates 500 3714.24 -73.14 -1.93 3778.05 3778.05 3694.12

Closing price of the previous business day 3,787.38

20 Dow Jones Transportation Average 12 087.99 -316.97 -2.56

15 Dow Jones Industrial Averages 852.40 -0.82 -0.10

Philadelphia Semiconductor 2887.08 -48.04 -1.64

VIX Index 33.09 +2.88 +9.53

General consumer goods S&P 1 307.64 -27.73 -2.08

S&P material 444.85 -8.86 -1.95

S&P Industry 717.01 -15.33 -2.09

S&P main consumer goods 659.25 -13.70 -2.04

S&P Finance 480.98 -9.92 -2.02

S & P Real Estate 228.98 -2.36 -1.02

S & P Energy 296.52 -10.40 -3.39

S & P Healthcare 1,340.92 -11.19 -0.83

S & P communication service 218.57 -4.21 -1.89

Information technology S&P 2,269.12 -55.78 -2.40

S&P Public Welfare 316.02 -1.75 -0.55

NYSE trading volume 1624,000 shares

Chicago Nikkei Futures March Contract Dollar Denominated 27785 + 215 Osaka Ratio

March Osaka Chicago Nikkei Ratio Futures Contract 27780 + 210

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