Global retail and Wall Street hedge fund caused by the conflict, with Europe a few days ago due to the outbreak of a new coronavirus vaccine supply dispute, US stocks tumbled across the board, the Dow fell more than 600 points. Goss Electronics rose by 52.53%, Express rose by 27.02%, AMC Cinemas rose by 280% this week, and Game Station rose by over 400%.
The three major U.S. stock indexes oscillated higher after opening lower. The Dow regained its 30,000-point mark at the end of the session. The S&P 500 index fell for 3 consecutive trading days. The Dow rose 47.11 points, or 0.16%, to 30046.37; the Nasdaq fell 27.94 points, or 0.23%, to 12,377.87; the S&P 500 index fell 4.64 points, or 0.13%, to 3,663.46 points.
On Monday, investors paid attention to Fed officials’ speeches and economic data. At the same time, Democratic presidential candidate Joe Biden announced his victory, and the news that Pfizer claimed that its vaccine can prevent 90% of new coronavirus infections gave the market a strong boost.
On Friday, the three major U.S. stock indexes collectively opened lower. The Dow fell 0.44%, the Nasdaq fell 0.74%, and the S&P 500 fell 0.58%. The first estimate released by the US Department of Commerce on Thursday showed that the actual (GDP) of the United States in the third quarter increased.
On Thursday, the three major US stock indexes collectively closed higher. The Dow rose 0.52%, the Nasdaq rose 1.64%, and the S&P 500 rose 1.2%. Apple rose 3.7%, leading the Dow. Technology stocks rose sharply, of which Facebook rose nearly 5%, Twitter rose over 8%, Weilai Automobiles rose by more than 16%, another record high.
Gold futures closed higher thanks to US Dollar weakness and optimism that a coronavirus assistance program will be passed prior to the US presidential election in less than two weeks. This enhanced gold ‘s appeal as a hedge against inflation. At the same time, copper futures prices hit their highest closing level in more than two years.