[ad_1]
The two parties in the United States continue to negotiate on the content of the new rescue case and hope that they will smoothly break through the barriers before Friday (18). US stocks opened higher on Tuesday (15). The Dow Jones industrial average was up more than 150 points or 0.6%, and the S&P 500 index was up 0.7%, the Nasdaq index was up 0.8% and the rate was up 1.4%.
Under pressure from the postponement deadline, the US bailout bill made some progress this week.
The bipartisan congressmen announced the details of the two rescue plans on Monday night (14). The first is a $ 748 billion proposal, focused primarily on bipartisan consensus, which includes a weekly unemployment benefit of $ 300 and $ 300 billion. SME Grants etc, another US $ 160 billion proposal focuses on the differences between the two parties.
Democratic Senator Dick Durbin, one of the bipartisan negotiators, said that while the two major sticking points for state and local aid plus debt are extremely important, he will continue to support the $ 748 billion proposal before Christmas. By voting, the United States urgently needs this aid package.
Almost a year after the outbreak, the United States finally ushered in the country’s first batch of vaccines yesterday (14). Despite this, local governments still dare not loosen up. New York Mayor Bill de Blasio warned Monday that the number of confirmed cases continues. Rising, New York City should prepare for the possibility of a total lockdown.
According to data from Johns Hopkins University, the number of new diagnoses in the United States on Monday (14) is still approaching 200,000 and 1,441 new deaths; the cumulative number of confirmed cases so far has exceeded 16.5 million, and the cumulative number of deaths exceeded 300,000. .
In terms of vaccine news, the United States Food and Drug Administration (FDA) stated on Tuesday (15) that Moderna’s vaccine safety data and clinical trials meet the emergency use authorization standards ( USA). FDA Japan’s external advisory panel) to conduct a review.Once approved, the vaccine developed by Moderna will become the second vaccine to be approved by the US in the United States.
In addition, the Fed will start a two-day interest rate meeting in December starting on Tuesday (15) and will issue a policy statement and press conference on Wednesday.
Starting at 10:00 p.m. on Tuesday (15) Taipei time:
- The Dow Jones index rose 173.25 points or 0.58%, temporarily reporting 30,034.80 points
- Nasdaq rose 98.06 points or 0.79% to 12,538.10 points temporarily
- The S&P 500 Index rose 26.10 points, or 0.72%, to 3,763.59 points temporarily
- Commissions and media rose 39.48 points or 1.44%, temporarily to 2775.73 points
- TSMC ADR rises 1.68% to $ 105.30 per share
- Yield on 10-year US Treasuries increased to 0.905%
- New York light crude rose 0.57% to $ 47.26 a barrel
- Brent crude rose 0.36% to $ 50.47 a barrel
- Gold rose 1.21% to $ 1,854.20 an ounce
- The US dollar index fell 0.10% to 90.56 points
Focus actions:
Lilly (LLY-US) was up 0.69% to $ 159.00 in early trading.
In order to obtain gene therapy for neurodegenerative diseases such as Parkinson’s disease, Eli Lilly announced the acquisition of Prevail Therapeutics for approximately $ 1 billion.
According to a statement issued by Eli Lilly, the company will acquire Prevail Therapeutics for US $ 22.5 per share, plus a non-negotiable contingent value right of US $ 4 per share, for a total of US $ 26.5 per share. .
Baidu (BIDU-US) rose 3.51% to US $ 168.68 in early trading.
“Reuters” reported on Tuesday that Baidu, China’s leading search engine, was reported to have been in contact with Geely Automobile, GAC Automobile and many other automakers to consider entering the very hot electric vehicle market in recent years.
Moderna (MRNA-US) fell 0.25% in early trading to $ 154.28.
The staff of the US Food and Drug Administration (FDA) issued a report on Tuesday (15) indicating that Moderna’s clinical trial results and safety data met the guidelines for authorization of use (USA) from the FDA, and it is recommended to approve the authorization for the emergency use of Moderna vaccine.
The external medical advisory team will conduct a review on Thursday (17) to decide whether to approve Moderna’s EUA application.
Daily key economic data:
- New York Fed December Manufacturing Index reported 4.9, expected 6.9, previous value 6.3
- The monthly growth rate of US industrial production in November was 0.4%, which is expected to be 0.3%. The previous value was revised down from 1.1% to 0.9%.
Wall Street Analysis:
Peter Rosenstreich, head of marketing strategy at Swissquote Bank, said the market is focusing on the light at the end of the tunnel. Given the increase in confirmed cases in some parts of the world, coupled with the turbulent trajectory of economic growth, the market will fluctuate in the short term, but the long-term outlook He said the good news still exists.
Stephen Innes, a market strategist at Axi, said the recent lockdown in the US means the market will need more stimulus, be it financial or from the Fed.
Innes believes that while the Fed will be more cautious about further easing after the vaccination begins, it may still give a QE signal, which will constitute a positive for gold.
[ad_2]
