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Tuesday 12 January 2021

Market Moves

 Stocks

The S&P 500 Index declined 0.7% to 3,799.61 as of 4:00 p.m. New York time, the first retreat in a week.

The Dow Jones Industrial Average dipped 0.3% to 31,008.69, the first retreat in a week.

The Nasdaq Composite Index declined 1.3% to 13,036.43, the largest drop in a week.

The Stoxx Europe 600 Index sank 0.7% to 408.41, the biggest dip in three weeks.

The MSCI All-Country World Index sank 0.7% to 658.67, the first retreat in a week and the largest decrease in three weeks.


Currencies

The Bloomberg Dollar Spot Index rose 0.5% to 1,126.98, the highest in two weeks.

The euro sank 0.5% to $1.2156, the weakest in almost four weeks on the largest decrease in more than a week.

The British pound declined 0.3% to $1.3521, the weakest in almost two weeks.

The Japanese yen depreciated 0.2% to 104.17 per dollar, the weakest in more than a month.


Bonds

The yield on 10-year Treasuries gained two basis points to 1.13%, reaching the highest in about 10 months on its seventh straight advance.

Germany’s 10-year yield gained two basis points to -0.50%, the highest in two months.

Britain’s 10-year yield gained 31 basis points to 0.309%, its fifth straight advance and the biggest advance on record.


Commodities

West Texas Intermediate crude dipped 0.3% to $52.10 a barrel, the first retreat in a week.

Copper declined 3% to $3.56 a pound, the lowest in a week.

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