One of the best first halves for U.S stocks is faced by slow trading and smaller moves.
Sentiments at the stock market are determined by concerns about the spread of coronavirus and higher valuations despite the presence of housing data and strong labor.
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The S&P 500 that surged 14% in 2021 fluctuated a little on Wednesday. Treasuries have risen and surpassed the world’s biggest bond markets.
Investors are hoping for a return to normalcy amid prevailing fears in the market. Shares of companies in the industrial, finance, and energy sectors saw a rise on Wednesday.
The market has observed a large drop in Gold as the dollar strengthened. Prices of BitCoin also saw a drastic fall.
Here are some moves seen in the market.
Stocks
The S&P 500 hasn’t changed much as of 11:46 am in New York Time.
A fall of 0.8% was seen in The Stoxx Europe 600.
The Nasdaq 100 saw a 0.1% fall.
The MSCI World index fell 0.3%.
The Dow Jones Industrial Average observed a rise of 0.4%.
Bonds
Yields on 10-year Treasuries decreased to three basis points to 1.44%
Germany’s 10-year yield declined to -0.20%
There was a two basis points decline in Britain’s 10-year yield to 0.72%
Currencies
The Euro saw a 0.4% fall to $1.1846
The Japanese yen fell 0.5% to 111.04 per dollar.
The British pound observed a 0.2% fall to $1.3807.
There was a 0.3% rise in the Bloomberg Dollar Spot Index.
Commodities
West Texas Intermediate crude rose 0.4% to $73.29 a barrel.
Gold futures increased from 0.1% to $1,765.50 an ounce.