Saturday, April 17, 2021

U.S. Indices Marked Record High In November, Slightly Retreated On Monday

The primary U.S. stock indices ended trading in negative territory on Monday, November 30, rectifying the development observed a week earlier.

The November dynamics of U.S. indicators in general were optimistic, with the Dow growing by 11.84 percent for the month, which is the highest rise in the indicator since January 1987, and the S&P 500 and Nasdaq increased by 10.75 percent and 11.8 percent respectively last month.


A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .

Sponsored


Secondary statistics released yesterday showed that US pending home sales increased by 20.2 percent y/y in October, while estimates were of +20.5 percent y/y. The Dallas Federal Reserve Industry Business Activity Index dropped from 19.8 points in October to 12 points in November.

Meanwhile, the former Fed Chair Janet Yellen has been formally nominated by Joe Biden to the post of Treasury Secretary. The news was included in the scheduled appointments table released by the Transition Committee.

The blue-chip Dow Jones Industrial Average fell 0.91 percent to 29,638 points at the end of the day The S&P 500 broad-based index dropped 0.46 percent to 3,621 points, and the high-tech NASDAQ index fell 0.07 percent to close at 12,198 points.

At the end of trading on the NYMEX, the price of light crude oil futures for January delivery dropped by $0.19 to $ 45.34 per barrel. At the end of trading on COMEX, the price of gold futures for January delivery, dropped by $6.80 to $1,778.0 per troy ounce. In exchange, the yield on 10-year Treasury bonds was 0.84 percent.

Moderna Inc’s (MRNA) market capitalization increased by 20.24 percent to $152.74 due to news that it will submit a request for permission to the US FDA and European Medicines Agency (EMA) to use its vaccine developed for COVID-19.

At the same time, IHS Markit’s (INFO) stock “recovered” 7.43 percent to $99.46 amid reports that its rival S&P Global agreed to acquire the company for around $44 billion in stock, including $4.8 billion in debt. In exchange, S&P Global (SPGI) shares closed up 2.99 percent to $351.78.

For Apple (AAPL), the session was successful, as shares of iPhone maker rose by 2.11 percent to $119.05.

Latest news

What News is Causing a decrease in Jaguar Health Inc. (JAGX) Stock Price?

Jaguar Health, Inc. (NASDAQ: JAGX), announced their at-the-market (ATM) financing program to be increased by a staggering $15.3M, which was initiated on October 5,...

Investors Relieved as Workhorse Group Inc (WKHS) Stock Price Surge

Workhorse Group Inc. (WKHS) stock prices are up an impressive 13.99% shortly after the market opened on April 16th, 2021, bringing the shares up...

Timber Pharmaceuticals, Inc (TMBR) Stock Price Fall Despite a Lack of Negative Press

April 16th, 2021 has seen Timber Pharmaceuticals, Inc. (TMBR) stock prices experience a sharp decline of more than 14%, dropping down to USD$1.5192. TMBR at...

Why Torchlight Energy Resources Inc. (TRCH) stock is decreasing today?

Torchlight Energy Resources, Inc. (NASDAQ: TRCH), a company engaged in the acquisition, exploration, of oil and gas,  announced that it is working to finish...

Related news

What News is Causing a decrease in Jaguar Health Inc. (JAGX) Stock Price?

Jaguar Health, Inc. (NASDAQ: JAGX), announced their at-the-market (ATM) financing program to be increased by a staggering $15.3M, which was initiated on October 5,...

Investors Relieved as Workhorse Group Inc (WKHS) Stock Price Surge

Workhorse Group Inc. (WKHS) stock prices are up an impressive 13.99% shortly after the market opened on April 16th, 2021, bringing the shares up...

Timber Pharmaceuticals, Inc (TMBR) Stock Price Fall Despite a Lack of Negative Press

April 16th, 2021 has seen Timber Pharmaceuticals, Inc. (TMBR) stock prices experience a sharp decline of more than 14%, dropping down to USD$1.5192. TMBR at...

Why Torchlight Energy Resources Inc. (TRCH) stock is decreasing today?

Torchlight Energy Resources, Inc. (NASDAQ: TRCH), a company engaged in the acquisition, exploration, of oil and gas,  announced that it is working to finish...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.