London, Tuesday, 23 November 2021
U.S. stocks were mixed on Tuesday on considerations of Jerome Powell’s re-nomination to lead the central bank. Investors are concerned about the market implications of such re-nomination.
In Europe, concerns over potential new restrictive measures across Europe to curb a fourth wave of COVID-19 infections continued to weigh on sentiment, as well as the prospect of a rate increase.
U.S.
S&P 500: +7.76 (+0.17%) to 4,690.70
Dow Jones: +194.55 (+0.55%) to 35,813.80
Nasdaq: -79.62 (-0.50%) to 15,775.14
VIX volatility index: +0.21 (1.10%) to 19.38
Dollar index: almost flat at 96.52
10-year U.S. Treasury note yield: +1.2% to 1.644%
Oil prices up again by gaining more than 2%
Brent crude: +2.6% to $81.79 a barrel
West Texas Intermediate: +2.5% to $78.64
Precious metals down
Gold: -0.8% to $1,890 an ounce
Silver: -2.7% to $23.52
Europe
STOXX Europe 600: -6.21, or 1.28%, to close at 479.25
FTSE 100 in London: the only gainer of the day by adding 11 points, or 0.15%, to end the day at 7,266
DAX 30 in Germany: -178 points, or 1.11%, to finish at 15,937
CAC 40 in France: -60 points, or 0.85%, to close at 7,044
FTSE MIB 30 in Italy: the worst performer of the day by diving 443 points, or 1.62%, to end the day at 26,939.
IBEX 35 in Spain: -6 points, or 0.07%, to close at 8,815
(Written and edited by: The Decision Maker)