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U.S. Stocks Close Higher On Funding Bill Deal, European Stock Markets Down on High Unemployment


London, Thursday, 02 December 2021


A government shutdown in the U.S.A was avoided after the House of Representatives reached a deal on a funding bill, sending stocks up on Thursday.


Meanwhile in Europe, stocks ended lower as unemployment remains high. According to Eurostat, the Euro area unemployment stands at 7.3% and the EU at 6.7%.



U.S. Stock Market Indexes

  • S&P 500: +11.5 points (+0.25%), to 4,587.25

  • Nasdaq: +34.50 points (+0.22%) to 16,023.00

  • Dow Jones: +94 points (+0.27%), to 34,716.00


European Stock Market Indexes

  • STOXX Europe 600: -42 points, or 1.15%, to close at 465.44

  • FTSE 100 in London: -39 points, or 0.55%, to end the day at 7,129

  • DAX 30 in Germany: -209, or 1.35%, to 15,263 points

  • CAC 40 in France: -86 points, or 1.25%, to 6,795

  • FTSE MIB 30 in Italy: -366 points, or 1.39%, to end the day at 26,005

  • IBEX 35 in Spain: worst performer of the day -151 points, or 1.8%, to close at 8,300


Other markets

  • Ten-year U.S. Treasury notes: +0.24% to 1.438%

  • Dollar index: +0.11% to 96.14

  • VIX volatility index: -10.2% to 27.95


Crude prices almost 2% up

  • Brent crude: $70.06 per barrel

  • West Texas Intermediate: $66.91


Precious metals mixed

  • Gold: -0.74% to $1,768 an ounce

  • Silver: +0.33% to $22.39

  • Bitcoin: −568.40 (0.99%) 56,611.70 Dec 2, 11:25 PM UTC



(Written and edited by: The Decision Maker)