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U.S. equity futures will draw attention to the high hours before the opening bell as investors were encouraged by the buoyant news about the coronavirus vaccine and reported that legislators and the White House are making progress towards new stimuli for the U.S. economy.
| Ticker | Security | The last | Change | Change% |
|---|---|---|---|---|
| Me: DJI | Dow Jones average | 30173.88 | +104.09 | + 0.35% |
| SP500 | S&P 500 | 3702.25 | +10.29 | + 0.28% |
| I: Comp | Nasdaq Composite Index | 12582.7735 | +62.83 | + 0.50% |
The S&P 500 jumped 10.29 points to 3,702.25. The Dow Jones Industrial Average rose 0.4% to 30,173.88. The tech-heavy Nasdaq added 0.5% to 12,582.77, its fourth straight record high.
Small company stocks rose more than the rest of the market, a sign that investors are more optimistic about the economy. The Russell 2000 index rose 1.4% to 1,917.78.The S&P 500 notes the Nasdaq coronavirus vaccine rollout as a start
The need for vaccines has increased more urgently as cases of coronavirus have increased in most parts of the world. The virus has killed more than 15 million people, including more than 284,000 in the U.S., the highest number in any country.
Given concerns about a possible economic collapse, governments around the world are tightening restrictions on businesses in an effort to stem the latest growth in cases.
U.S. equity futures will draw attention to the high hours before the opening bell as investors were encouraged by the enthusiastic news about the coronavirus vaccine and reported that legislators and the White House are making progress towards new stimuli for the U.S. economy. (
These investors have focused on Washington and the prospects for other business aid spread across the business to make business more difficult for Americans and the business epidemic.
Late Tuesday night, Treasury Secretary Stephen Munchin said he had given House Speaker Nancy Pelosi a 916 billion package that pays for 600 directly for most Americans.
Congress is stuck in a biased detention over the size and scope of any additional assistance, given the financial impact on people and businesses. Last month, the U.S. The economy is showing signs of steady recovery as the virus rises nationally, including in the slow job.
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“As markets begin to show some year-end fatigue, any stimulus holiday stocking stuffer will arrive at a very welcome time and ensure that well-subscribed equity markets cross the year’s end line on a positive note,” Stephen Ins X said in a comment.
The 10-year Treasury yield rose 0.94% from 0.92% late Tuesday night.
Overnight, the S&P 500 rose 0.3%. The tech-heavy Nasdaq also reached record highs. Investors were informed by the enthusiastic news of the coronavirus vaccine and reported that legislators and the White House are making progress towards a new impetus for the U.S. economy.
In the next one week, the U.S. The prospect of distribution of one or more coronavirus vaccines in India has put investors in a buying mood and boosted optimism about economic recovery next year.
As the UK became the first Western country to launch a mass vaccination program, the U.S. Health regulators Released positive initial review of COVID-19 vaccine developed by drugmaker Pfizer and Germany’s Bioentech. The Food and Drug Administration will meet on Thursday to decide whether to approve the distribution of the vaccine. Extensive distribution of the word is far from possible months.
Meanwhile, Asian stocks rebounded strongly on Wednesday after a second round of records for the main index on Wall Street.
Benchmarks rose in Tokyo, Hong Kong and Seoul. Shanghai is at a lower level after its consumer price index fell 0.5% in November from a year earlier.
Economists say the country’s first decline in depreciation since 2009 is not a cause for concern. The whole move was pulled down due to food shortages due to improved pork supply, which failed as officials battled an outbreak of African swine fever while economic activity recovered from the coronavirus epidemic while other prices rose.
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“Given the recent volatility in food and energy prices, inflation figures are lower than expected,” Capital Economics said in a statement. “Excluding volatile food and energy prices, core consumer price inflation remained stable at 0.5 per cent. Strong demand from one per cent a year ago is also leading to a recovery in manufactured goods prices,” he said.
Japan released data showing strong machinery orders in October, adding signs of a change in its economy.
Tokyo’s Nikkei 225 index rose 1.1% to 26,769.31, while Hong Kong’s Hang Seng rose 0.9% to 26,539.55. In South Korea, the Kospi jumped 1.5% to 2,738.67. Australia’s S&P / ASX 200 rose 0.6% to 6728.50, while the Shanghai Composite Index fell 0.3% to 3,399.64.
India’s Sensex rose 0.6% to 45,899.77. Shares were also higher in Southeast Asia.
Benchmark U.S. in other businesses. Crude oil traded down 14 cents at 4 45.46 in electronic trading on the New York Mercantile Exchange. It traded down 16 cents on Tuesday at 45.60 a barrel.
Internationally, Brent crude is down 16 cents at .6 48.68 a barrel.
The dollar was trading at 104.15 Japanese yen, down from 104.19 yen late Tuesday night. Euro 10 rose from 1.2103 to 1.2127 dollars.
