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Market Conditions for Securities and Indices, Oil, Gold, and Foreign Money Markets as of March 3, 2021
– The New York Dow Jones Stock Exchange closed last night (March 3) as investors continued to sell technology stocks. In particular, shares of high-value tech companies in the FAANG group (Facebook, Apple, Amazon, Flix, and Google’s parent company Alphabet), as well as concerns about the impact of skyrocketing US Treasury yields last night. At the same time, investors watched progress in rejecting the US government stimulus package, including US non-farm employment figures, which are due tomorrow.
The Dow Jones closed at 31,270.09, down 121.43 or -0.39%, while the S & P500 closed at 3,819.72, a drop of 50.57 or -1.31%. The Nasdaq closed at 12,997.75, down 361.04 or -2.70%.
– European equities closed slightly positive tonight (March 3), while another rise in bond yields put pressure on the market. While investors are concerned that inflation will rise this year.
The Stoxx Europe 600 Index closed at 413.42 points, up 0.19 points or + 0.05%.
The CAC 40 closed at 5,830.06 points, rose 20.33 points or + 0.35%, the DAX index closed at 14,080.03 points, rose 40.23 points or + 0.29% and the FTSE 100 closed at 6,675 .47, an increase of 61.72 or + 0.93%.
– The London stock market closed in the positive tonight (March 3) in response to British Treasury Minister Richie Sunac releasing his annual budget on Wednesday. Indicating that the British economy will recover to pre-epidemic levels in mid-2022, six months faster than expected.
The FTSE 100 index closed at 6,675.47 points, an increase of 61.72 points or + 0.93%.
– New York’s West Texas crude oil market (WTI) closed overnight (March 3), responding to the forecast. Oil-exporting countries (OPEC) and allies OR OPEC Plus There will be no consensus to increase production at today’s meeting. Crude oil contracts were also driven by a less-than-expected decrease in gasoline and oil stocks refined from USA
WTI crude contract for April delivery rose 1.53 dollars, or 2.6 percent, to 61.28 dollars a barrel.
Brent crude contract (BRENT) for delivery in May. It was up $ 1.37, or 2.2 percent, to $ 64.07 a barrel.
– New York gold futures closed last night (March 3) at a nearly nine-month low as rising US bond yields and a strong dollar added to the pressure. Against the price of gold, investors also sell gold as a safe and secure asset. Following a progress report on vaccination against COVID-19 in the United States.
COMEX (Commodity Exchange) gold contract for delivery in April. It was down $ 17.8, or 1.03%, to $ 1,715.8 an ounce. What is the lowest closing level since June 8, 2020?
Silver metal contract for May delivery was 49.2 cents, or 1.83 percent, at $ 26.387 an ounce.
Platinum contract delivered in April. It was down $ 32.6, or 2.68 percent, to $ 1,181.8 an ounce.
Palladium contract delivered in June. It was $ 14.20, or 0.6 percent, at $ 2,354.40 an ounce.
– The US dollar appreciates against the main currencies. In trading on the New York Stock Exchange last night (March 3), fueled by a rally in US bond yields. As long as investors keep an eye on the progress of the US government’s economic stimulus package, including US non-farm employment figures, which are due tomorrow.
The dollar index, which measures the dollar against six major currencies, was up 0.19 percent to 90.9464 last night.
The US dollar rose against the yen to 106.96 yen from 106.73 yen and rose against the Swiss franc to 0.9196 francs from 0.9140 francs, with the Canadian dollar at the level of C $ 1.2636 against the dollar. Canadian 1.2614.
The euro fell against the US dollar to $ 1.2065 from $ 1.2085, while the pound fell to $ 1.3955 from $ 1.3965 and the Australian dollar fell to $ 0.7792 from $ 0.7829.
The DJIA index, the New York Stock Exchange, closed at 31,270.09 points, down 121.43 points, -0.39%.
The S & P500 index, the New York Stock Exchange, closed at 3,819.72 points, down 50.57 points, -1.31%.
The NASDAQ New York Stock Exchange closed at 12,997.75 points, down 361.04 points, -2.70%.
The German DAX closed at 14,080.03 points, up 40.23 points, + 0.29%.
The FTSE 100 index, the London Stock Exchange, closed at 6,675.47 points, up 61.72 points, + 0.93%.
French shares of the CAC-40 index closed at 5,830.06 points, up 20.33, + 0.35%.
The Indian stock markets SENSEX index closed at 51,444.65 points, an increase of 1,147.76 points, + 2.28%.
The FTSE STI index, Singapore shares closed 3,000.37 points, rose 26.50 points, + 0.89%.
The FBMKLCI, the Malaysian stock market, closed at 1,588.45 points, 18.58 points more, + 1.18%.
Jakarta Composite Index The Indonesian stock market closed at 6,376.76 points, 17.55 points more, + 0.28%.
The HSI index, the Hong Kong Stock Exchange, closed at 29,880.42 points, an increase of 784.56 points, + 2.70%.
The SSE composite index closed at 3,576.90 points, up 68.31, + 1.95%.
The KOSPI index, the South Korean stock exchange, closed at 3,082.99 points, up 39.12, + 1.29%.
The S & P / ASX 200 index closed at 6,762.30 points, down 27.30 points, -0.40%.
ALL THE ORDINARIES The Australian stock market closed at 7,009.90 points, 32.80 points less, -0.47%.
The NIKKEI 225 index closed at 29,559.10 points, up 150.93 points, + 0.51%.
The TAIEX index, the Taiwanese stock exchange, closed at 16,211.73 points, up 264.85, + 1.66%.
The Philippine Stock Exchange Index (PSE Composite) closed at 6,942.76, up 23.22, + 0.34%.
