empty
 
 
You are about to leave
www.instaforex.eu >
a website operated by
INSTANT TRADING EU LTD
Open Account

19.11.202010:59 Forex Analysis & Reviews: US stock market overview

Long-term review
This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 19.11.2020 analysis

The consumer goods and services sectors strengthened, but the oil and gas sectors showed negative dynamic. Amid these factors, the US stock market closed in different directions on Wednesday.

The Dow Jones index fell by 0.31%, the S&P 500 lost 0.25% while the NASDAQ Composite, on the contrary, rose by 0.14%.

The leaders of growth among the components of the Dow Jones index were shares of Dow Inc., Caterpillar Inc., and Salesforce.com Inc., rising in price by 2.62%, 1.51% and 1.15% respectively.

The worst performing companies were Walgreens Boots Alliance Inc., which lost 2.04% to trade at 38.59 and Chevron Corp. falling by 1.92% to settle at 85.37. However, Boeing Co. gained 2.18% to hit 205.47.

The top performers among the components of the S&P 500 index were the shares of Helmerich and Payne Inc., which gained 6.17% reaching 20.13, the shares of Coty Inc. rose by 6.07% to 5.42 point, and Diamondback Energy Inc., which grew by 4.64% to trade at 39.04.

Lowe's Companies Inc., in turn, lost 7.16% to trade at 148.42 points. The shares of Norwegian Cruise Line Holdings Ltd shed by 6.73% to 20.57 points as well. Thermo Fisher Scientific Inc. decreased by 4.45% to settle at 457.69.

The best-performing companies among the components of the NASDAQ Composite Index were Kazia Therapeutics Ltd ADR, Naked Brand Group Ltd, and BELLUS Health Inc. Their shares rose by 51.01%, 53.64% and 32.64% respectively.

The losers were shares of CBAK Energy Technology Inc., which fell in price by 35.35% to 6.2900. Paysign Inc. lost 31.92% to settle at 4.18. Oncternal Therapeutics Inc. fell by 30.07% to 2.90.

Dow Inc. reached a 52-week high, climbing by 2.62% to trade at 55.91. Caterpillar Inc. gained 1.51% to hit 174.50. Kazia Therapeutics Ltd ADR skyrocketed by 51.01% to trade at 14.92.

The CBOE Volatility Index, which measures the value of S&P 500 options trading, lost 0.44% to hit 22.61.

Gold Futures for December delivery also decreased by 0.40% to trade at $1,866.40 per ounce. The support level is at $1,860.30 and the resistance level is at $1,898.00.

Silver for December delivery also lost 0.78% to settle at $24,258 per troy ounce. Copper fell by 0.32% as well, reaching the level of $3.1858 per pound.

WTI crude for January delivery rose by 1.06% to hit $42.09 per barrel. Brent crude grew in price by 1.60% to hit $44.45 per barrel.

EUR/USD increased by 0.04% to hit 1.1865, while USD/JPY lost 0.32% to settle at 103.83.

The USD Index Futures, which measures the US dollar against a basket of six major currencies, fell by 0.19% to trade at $92,485.

Kate Smirnova
Analytical expert of InstaForex
© 2007-2024

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.




You are now leaving www.instaforex.eu, a website operated by INSTANT TRADING EU LTD
Can't speak right now?
Ask your question in the chat.

Turn "Do Not Track" off