London, Tuesday, 21 December 2021
US stocks came back from the reds of the past three days as President Biden stated he is considering lifting the travel restrictions connected with the Omicron variant of Covid-19, from a number of countries such as South Africa.
Another factor which added to investors’ positivity is, the FDA’s intention to authorise an at-home treatment with Pfizer and Merck and pills. Stocks of both pharmaceutical firms declined, as when Covid-19 fears decrease, their shares are more likely to fall, since they both produce Covid-19 treatments.
Pfizer was trading at $58.95, a decline of -2.07 or -3.39%, as recorded on the last trade time, 18:14:56 EST on Tuesday, while Merck was trading at $75.54, a decline of -0.87 or -1.14% as recorded on the last trade time, 18:16:30 EST on Tuesday.
European stocks rebounded as lockdown worries and concerns about vaccines’ effectiveness against omicron variant, dimed.
In the, UK Prime Minister Boris Johnson decided not to toughen the rules further over the festive season.
U.S. Stock Market Indexes
S&P 500: +81.22 (+1.78%) to 4,649.24
Nasdaq: +360.14 (+2.40%) to 15,341.09
Dow Jones: +560.97 (+1.61%) to 35,493.13
European Stock Market Indexes
STOXX Europe 600: +6.64 points, or 1.42%, to 473.99
FTSE 100 in London: +99 points, or 1.38%, to end at 7,297
DAX 30 in Germany: +207 points, or 1.36%, to close at 15,447
CAC 40 in France: +94 points, or 1.38%, to 6,965
FTSE MIB 30 in Italy: the best performer of the day, +475 points, or 1.82%, to close at 26,653
IBEX 35 in Spain: +145 points, or 1.76%, to finish at 8,387
Other markets
Ten-year U.S. Treasury note: +6.8 bps to yield 1.4870%
Dollar index: -0.09 or -0.09% at 96.46 as of Dec 21, 2021 at 5:26 p.m. EST
VIX volatility index: −1.86 (8.13%) at 21.01as of Dec 21, 3:15 PM CST
Oil prices
Brent crude: +0.07 or 0.09% at $74.05 per barrel as of Dec 21, 2021 10:15 p.m. GMT
West Texas Intermediate: +2.66 or 3.88% at 71.27 per barrel as of Dec 21, 2021 5:00 p.m. EST
Precious metals
Gold: -3.22 or -0.18% at $1,788.74 an ounce
Silver: +0.25 or +1.12% at $22.51 an ounce
Cryptocurrencies
Bitcoin: +2,159.50 (4.60%) at $49,085.50 as of Dec 21, 10:44 PM UTC
Etherum: +79.99 (2.03%) at $4,026.20 as of Dec 21, 10:44 PM UTC
(Written and edited by: The Decision Maker)
