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Stock futures soared on the first trading day in 2021, continuing last year’s recovery, as prospects for continued fiscal stimulus and coronavirus vaccine launches helped boost investor optimism.
The Dow Jones Industrial Average futures rose 177 points, a 0.6% gain, while the S&P 500 and the heavy Nasdaq Composite rose approximately 0.5%.
| Ticker | Safety | Last | change | Change % |
|---|---|---|---|---|
| I: DJI | AVERAGES DOW JONES | 30606.48 | +196.92 | + 0.65% |
| SP500 | S&P 500 | 3756.07 | +24.03 | + 0.64% |
| I: COMP | NASDAQ COMPOSITE INDEX | 12888.282427 | +18.28 | + 0.14% |
The rise also extended abroad, with the UK’s FTSE 100 up 2.7%, driven by the trade agreement signed between the British government and the European Union shortly before Christmas.
BULLISH ON STOCKS INVESTORS, WAITING FOR A BRILLIANT 2021
The German DAX and the French CACH 40 rose 1.7%, respectively.
| Ticker | Safety | Last | change | Change % |
|---|---|---|---|---|
| HLF | HERBALIFE LTD | 48.05 | +0.26 | + 0.54% |
Herbalife’s shares may be active on Monday after the Wall Street Journal reported that activist investor Carl Icahn sold more than half of his stake in the company, while giving up his seats on the board.
| Ticker | Safety | Last | change | Change % |
|---|---|---|---|---|
| TSLA | TESLA INC. | 705.67 | +10.89 | + 1.57% |
Tesla was gaining 2.8% in early Monday negotiations after the company led by Elon Musk said it delivered nearly 500,000 cars in 2020, falling slightly from Musk’s previously stated target.
| Ticker | Safety | Last | change | Change % |
|---|---|---|---|---|
| CHL | CHINA MOBILE LTD. | 28.54 | +0.25 | + 0.88% |
| TEA | CHINA TELECOM | 27.55 | -0.01 | -0.04% |
| CHU | CHINA UNICOM LTD. | 5.68 | -0.09 | -1.56% |
China’s largest telecommunications companies, China Mobile, China Telecom and China Unicom, are under pressure after the New York Stock Exchange announced it would withdraw all three, citing an executive order.
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In other asset classes, bitcoin fell almost 10% to $ 32,000, after recovering in the final days of 2020 and the first days of 2021, exceeding the $ 34,000 level.
West Texas Intermediate crude rose nearly 1% to $ 48.97 a barrel, while gold rose further, gaining more than 2.3% to $ 1,939.70 an ounce.
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