Thursday , January 28 2021

Something falls on Wall Street by profession



On Thursday, the arrows appeared on Wall Street.

Dow Jones slumped 0.04 percent to 26,191.08 points, while Nasdaq fell 0.53 percent to 7,530.88 points.

The S & P 500 dropped by 10 points or 0.35 percent to 2,803.15 points.

Among big and heavy Apple, it ended up 0.35 percent to $ 208.49, while Citigroup fell 0.7 percent to $ 67.78.

General Electric, Google and Microsoft ended up with 0.87, 1.23 and 0.19 percent.

On the drop-down list we see Wynn Resorts, which ended with 13.13 percent, after the CEO announced lower earnings from the company in Macau.

Tripadvisor ended the day, which is 15.26 percent more than in the third quarter, as expected. TripAdvisor reported adapted earnings per share of 72 cents compared to the expected 24 cents.

The CBOE Volatility Index, also known as VIX Index or "Fear Index", rose 3.85% to 16.99.

American interest rates are climbing at fresh interest rates

The US central bank today decided to keep its interest rate unchanged, but predicts a gradual increase. The interest rate is maintained between 2 and 2.25 percent, but it is expected that the committee meeting will decide in December to abolish it.

In the update of DNB Markets, Kyrre Aamdal wrote that the broker is without a press conference and without updating estimates and interest expectations. Nor is there any change in the policy.

"For now, the development of the US economy is well in line with Fed's expectations, and at the December meeting, they are rising by 20 basis points, which is equal to the 80% probability of an increase. However, it can be argued that the real probability is nearly 100 percent for raising interest rates December, concludes Aamdal.

Claims of the unemployed

The seasonally-adjusted statistics of the US Department of Labor show that the number of first-time jobseekers in the United States (excluding unemployment benefits) last week was 214,000.

According to Marketwatch, the consent was based on 214,000 unemployment claims.

The counting intervals amounted to 213,750, with corrections of 214,000.

The number of people who continued to receive unemployment benefits in the United States was 1.623 million, compared with 1,631 million that were previously revised.


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