Wednesday tug of war Wall Street

New York, NY-US equities on Wednesday struggled with a strong rise, with the Dow Jones falling, the Nasdaq rising moderately, and the S & P 500 relatively flat.

“What we really have is a definitive tug of war between virus news and vaccine news, and the tiebreakers for that are on Congress’s shoulders to elicit more inspiration,” he said. Art Hogan, Chief Market Strategist at National Securities, told Reuters Thomson Wednesday in New York.

At the end of the deal on Wednesday, the Nasdaq was up 63.13 points (0.50%) to 12,658.19.

The Standard and Poor’s 500 rose 6.55 points (0.18%) to 3,701.17.

The 30 Dow Jones Industrial Averages fell 44.77 points (0.15%) to 30,154.54.

The US dollar was mixed and lost to the euro, which approached the 1.2200 hurdle. The EU unit finished the day in New York around 1.2185 on Wednesday.

The Japanese yen was strong with a high of 103.49. The Swiss franc was 0.8856, almost unchanged. The pound sterling fell to 1.3488 pounds.

The Australian dollar has risen to 0.7570. The New Zealand dollar was flat at 0.7099, while the Canadian dollar fell slightly to 1.2744.

In London, the FTSE 100 rose 0.88%. Germany’s Dax rose 1.52% and Paris-based CAC 40 rose 0.31%.

In the Asian market, the Nikkei 225 closed at 26,757.10, 69.56 points (up 0.26%) in Japan.

All of Australia’s usual were 6,916.70, 50.00 points or 0.73 percent ahead.

China’s Shanghai Composite Index fell 0.25 points (0.01%) to 3,368.98.

Hong Kong’s Hang Seng Index rose 253.00 points (0.97%) to 26,640.29.

Wednesday tug of war Wall Street

Source link Wednesday tug of war Wall Street

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