All major US indicators ended the abbreviated Christmas Eve session higher. Investors have entered the long weekend with the hope that the new fiscal stimulus, the Brexit deal and vaccine development will be a good omen for next year.
The Dow Jones Industrial Average rose 0.2 percent on Thursday. Up to 30.199.87 points, Standard & Poor’s; 500, up 0.4% to 3,703.08 points, and the Nasdaq Composite up 0.3%. Up to 12,804.72 points
The increases on Wall Street are largely due to the agreement between the United Kingdom and the European Union on future trade relations. Difficult negotiations lasted several months and were full of vicissitudes, and the conclusion of the contract to the end was under a big question mark.
Equity prices were also affected by the House of Representatives being prevented from trying to change the new fiscal stimulus package that had already been negotiated with the Senate. Positive news has also come from the front lines in the fight against Coronavirus. Vaccinations will soon start in other countries. Moderna said it expects its vaccine to be effective also against the new strain of the detected virus, among other things in the United Kingdom.
10 of the 11 major sectors of the S&P Index; Recorded 500 profits led by real estate. Only energy companies lost.
The session ended with a mix of leading technology companies. Companies such as Tesla (+ 2.44%), Intel (+ 1.07%), Microsoft (+ 0.78%), Apple (+ 0.77%), Cisco (+ 0.37%) with a percent appreciation) and Google (+0.34%), Netflix lost (-0.10%), Facebook (-0.26%), Amazon (-0.39%), Twitter (-0.61%) and Zoom (-2.27%)
Standard & Poor’s; 7 500 saw new highs in 52 weeks and without lows. The Nasdaq Composite recorded 138 new highs and 5 lows.
The US stock market volume reached 6.14 billion shares, compared to an average of 11.30 billion in the last 20 trading days.
WTI crude oil rose 0.2 percent. Up to $ 48.23 per barrel. Despite this, the weekly price decline was 1.9 percent.
You had to pay 0.3% for an ounce of gold. Most of the Wednesday. An ounce cost $ 1,883.20. On a weekly basis, the drop was 0.3%.