Ø S&P 500 The main index of the global stock market ended the meeting on another day of divergence between high and low, which is the impact of Brexit and the state of the US economy.
At this session, a new report indicated that the new U.S. unemployment insurance claimsaccording to Yahoo Finance, As the second wave of covid-19 and the reappearance of restrictive measures, prevented the spread of the virus and plagued the world’s largest economy. Today, the Standard & Poor’s 500 Index fell 0.13% to 3,668.10 points.
At the same time, negotiate and approve the new Rescue package It seems that the result is far from being found. U.S. House of Representatives Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer rejected the US Treasury Secretary Steven’s $916 billion ($4.61 billion) plan Mnuchin because of the unemployed Provide fewer benefits.
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In turn, Senate Majority Leader Mitch McConnell (Mitch McConnell) rejected state and local government assistance and liability protection measures, which is composed of $916 billion of lawmakers from both parties.
Brexit and the European Central Bank are deadlocked
The positive bias was driven by the European Central Bank’s (ECB) monetary policy decision, which maintained interest rates but expanded its bond purchases. Christine Lagarde, President of the European Central Bank, after making the above decision, sounded “not so alarmist” in the risk assessment. ING.
The negative side is that it is related to Bressy. The decision on the agreement must be communicated over the weekend.
The President of the European Commission Ursula von der Leyen and British Prime Minister Boris Johnson held a meeting last Wednesday (9) to try to resolve the issue in the period after the departure of the trade agreement. Deadlock in trade agreement negotiations. United Kingdom It will officially become a member of the European Union on January 1, 2021. According to Vonder Leyen, even though the two are similar, their positions are still far away.
Standard & Poor’s 500 Index, Nasdaq Subi
The major stock indexes of the American Stock Exchange were mixed, and investors were concerned about the progress of negotiations on fiscal stimulus measures and labor market data.
- New York (S&P 500): -0.13% – 3.668,09
- New York (Dow Jones Industry): -0.23%-29.999,26
- New York (Nasdaq Composite Index): + 0,54%-12.405,81
After a series of small setbacks in the past few days, the Dow Jones Industrial Average (DJIA) lost its historic mark of 30,000 points.
There is no single direction for European stock markets to close
There was no signal when European stock markets closed. The increase in bond purchases by the European Central Bank has given a certain boost to business, but the Brexit deadlock and the bearish trend from New York have led to profits in some places.
- Europa (European Stoxx 600): -0.44% – 393,15
- London (FTSE 100): +0.54%-6,599.76
- Frankfurt (DAX 30): -0.33% – 13.295,73
- Paris (CAC 40): +0.051%-5.549.65
- Milan (FTSE/MIB): -0.25%-21,915.51
- Madrid (IBEX 35): -0,64%-8.182,30
- Lisbon (PSI-20): +0.45% -4,795.47
It also supported rising oil prices-Brent crude oil broke through $50 a barrel for the first time since the pandemic began-boosting oil inventories.
Asian stocks have fallen the most
The closing prices of the Asian stock exchanges are mostly in the negative zone, and investors are aware of the development of covid-19 and its impact on activities. It is also mentioned that the United States is difficult to approve more fiscal stimulus measures, which is the reason for the weak market, because it affects global expectations.
- Hong Kong (Hang Seng): -0.35% -26,410.59
- Shanghai (Shanghai Stock Exchange Composite Index): + 0.04% -3,373.28
- Tokyo (Nikkei 225): -0.33%-2,746.46
- Alone (Kospi): +2.02%-2.755.47
as well as S&P 500, Also mentioned the difficulty of the United States to approve more fiscal stimulus measures, which is the reason for the weak market, because this affects global expectations.
(Information from EstadãoContent)