Stock Market ended up higher after positivity over fight against Covid19

Major Indices has set for a solid positive start this week after pragmatic reports of Coronavirus vaccine has brought optimism in the market.

According to the report that a vaccine will be delivered to the people in the US this coming December.

The Dow Jones outperformed leading today’s session with more than 300 points or above 1%. S&P 500 also advances with less than 1%, while Nasdaq rose about 0.22%.

Treasuries, together with Dollar and crude ended up higher, while Gold slumped.

More of the movements in Stock Market this Monday, below;

Stocks

  • S&P 500 rose a bit with 20.12 points increase or is 0.57% higher to 3,557.66.
  • The Dow Jones Industrial Average surge about 328.38 points or 1.12% higher to 29,591.86.
  • Nasdaq Composite climbed up around 25.66 points or 0.22% higher to 11,880.63.
  • The Stoxx Europe 600 Index gained about 0.2%.
  • The MSCI Asia Pacific Index jumps about 0.3%.

Bonds

  • The yield on the benchmark 10-year Treasury note rose a bit to 0.849%.
  • The yield on the 30-year Treasury bond is up about to 1.551%.
  • Germany’s 10-year yield appreciates less than one basis point to -0.58%.
  • Britain’s 10-year yield is up by two basis points to 0.318%.

Currencies

  • US Dollar Currency Index has a slight change higher to 92.505 per dollar.
  • The Japanese yen dropped quite a few around 0.6% to 104.50 per dollar.
  •  The euro is down about 0.2% to $1.1839.

Commodities

  • Gold depreciated around 33.92 points or is 1.85% lower to $1,837.23 an ounce.
  • Silver declined less than 1 point or has decreased around 2.49% to $23.58 an ounce.
  • West Texas Intermediate crude advanced less than 1 point or is 1.51% higher to $43.06 per barrel.
  • Brent crude has a slight increase to $45.84 per barrel.

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