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UK enters third lockdown after mutant crown
Georgia Senate Runoff Votes Variable One Day Earlier
▲ New York Stock Exchange (NYSE). New York / AP Newsis
On the first trading day of the new year, the main indices of the New York Stock Exchange closed down 1%. The influence of the British government’s decision to block the third round of spread of the new mutant coronavirus infection (Corona 19) was great. The number of new confirmed cases in the UK hit an all-time high after the previous day. This also reflects the anxiety for the second round of the United States Senate to be held the day before.
On the 4th (local time) on the New York Stock Exchange (NYSE), the Dow index closed at 3,223.89, a drop of 382.59 points (1.25%) compared to the previous trading day. The S&P 500 index fell 55.42 points (1.48%) to 3,700.65, while the Nasdaq index oriented towards technology stocks fell 189.84 points (1.47%) to 12,698.45. These indices closed at record highs at the end of last year, but returned after a day of trading. It is the first time since 2016 that the Dow has started to fall on the first day of the new year.
Britain, where the mutant crown was first discovered, has finally entered a third lockdown in the record of the most confirmed cases in history. In the case of the 3rd lockdown, all citizens must stay home unless it is special. The school offers distance classes until February holidays and the workers work from home. However, you can only go out to buy food, medical supplies, and exercise.
British Prime Minister Boris Johnson said: “I understand the discomfort and pain that this measure will bring to millions of people and their families. The problem is that schools are not safe for children and can spread the virus at home.” .
On this day, the British government announced that the number of new confirmed cases reached 58,784, a record after the pandemic (a global pandemic).
This trend was a major disappointment as it received positive reviews from the market as the Corona 19 vaccine was distributed. Mark Chaikin, CEO of Chaikin Analytics, said: “The stock market is trying to make additional profit based on the successful launch of the COVID-19 vaccine along with the fiscal and monetary policies of the US Treasury and the Federal Reserve this year. ” “But there will be some conflicts in this process,” he predicted.
Also, on Wall Street, the Georgia Senate runoff on the 5th is seen as a major market variable. Of the two remaining Senate seats, the Republican Party could block President-elect Joe Biden’s many promises, but if not, the Democratic Party’s realization of the ‘Blue Wave’ could give the next administration more freedom of choice. of political agenda. However, there are also voices that Blue Wave may be negative for market revitalization in terms of tax increases and tightening regulations.
Oppenheimer senior strategist John Stoltzpurs said: “If the Democratic nominee wins the Georgia final, the S & P500 could drop 10%.” “No.”
