Forex Analysis & Reviews: 11.02.2021 - US stocks ended Wednesday's...

11.02.2021 12:56 PM

US stocks ended Wednesday's trade controversially

US stocks did not show uniform dynamics at the close of trading on Wednesday. Major stock indexes were mixed, and some demonstrate a significant increase allowing to achieve maximum results.

The Dow Jones Industrial Average increased by 0.2% or 61.97 points, to 31,437.8 points, becoming its new maximum value.

The S&P 500 index, on the contrary, slightly reduced its positions by 0.03% or 1.25 points, to 3,909.88 points.

The NASDAQ Composite index was also negative which sank 0.25% or 35.16 points, which sent it to the area of 13,972.53 points.

Market participants, on Wednesday, began to evaluate a new batch of statistical data as well as corporate reports of large companies, which is gradually presented in the news. It should be noted that both data were not as depressing as previously expected.

In addition, investors were interested in the speech of the head of the US Federal Reserve Jerome Powell, which was scheduled at the conference of the Economic Club in New York.

The level of consumer prices in the country in the first month of 2021 increased by 1.4% compared to the same indicator recorded a year earlier. Recall that the same increase in the indicator was noted in December 2020. Analysts' preliminary forecasts expect a growth of 1.5%. So the real data left hopes for the best in the future.

The level of the budget deficit in America in January 2021 reached $163 billion, while a year earlier this value was only $32.6 billion. The official data also did not coincide with preliminary forecasts, which assumed growth of no more than $150 billion.

Fed chair Powell's speech was mainly related to the country's labor market. The regulator intends to do everything necessary to recover jobs that were lost amid the crisis caused by the coronavirus pandemic. Moreover, the regulator is not bothered by the inflationary risks, which will inevitably appear in the future and have already begun to overtake the economy at present. Powell recalled that inflation has been much lower and more stable over the past three decades compared to the previous level, which is not yet enough to cause a problem.

An important issue that all market participants are waiting for, without exception, is still the expanded program of financial incentives in the United States of America. A large-scale injection into the economy would be a good help to get out of the crisis, but at the same time, it would make the national currency weaker and increase inflation risks.

Among other things, the development in the mass vaccinations and the reduction in the number of COVID-19 infections in the country are encouraging for investors. This raises thoughts that the state may very soon successfully overcome the crisis it is currently facing.

There is another event that is not directly related to the economy, but attracts the attention of investors. This is the impeachment proceedings of former US President Donald Trump. This issue is particularly important to Trump's ardent opponents, who cannot calm down and leave this issue unresolved. However, experts say the Senate's decision on this matter should not affect stocks and other markets at all. In fact, this is a purely political issue and has nothing to do with the current state of affairs in the country.

Bạn đã thích bài đăng này hôm nay

*Phân tích thị trường được đăng tải ở đây có nghĩa là để gia tăng nhận thức của bạn, nhưng không đưa ra các chỉ dẫn để thực hiện một giao dịch.

If you have any content questions, please contact editorial-board@instaforex.com

News

Maria Shablon,
Chuyên gia phân tích của InstaForex
© 2007-2025

Thêm các bài viết của tác giả này

EURUSD

Euro vs US Dollar

Chọn khung thời gian

phút

giờ

ngày

tuần

Bắt đầu giao dịch

Kiếm lợi nhuận từ những biến đổi giá của tiền điện tử với InstaForex.

Tải MetaTrader 4 và mở giao dịch đầu tiên của bạn.

Các bài báo được đề xuất

Thị trường căng thẳng khi Trump áp thuế 10% lên hàng nhập khẩu, vàng và euro tăng cao

10 tỷ USD: cái giá của sai lầm. J&J lại một lần nữa trở thành tiêu điểm

Tin Tức Thị Trường Mỹ Ngày 02 Tháng 04

10 Tỷ USD: Cái Giá Của Những Sai Lầm? J&J Trở Lại Giông Tố Pháp Lý

Quý 1 năm 2025: Thị trường chứng kiến mức giảm lãi suất lớn nhất kể từ năm 2022

Tin tức Tiêu điểm Thị trường Mỹ ngày 1 tháng 4

Vàng tỏa sáng trong khủng hoảng: Quý tốt nhất kể từ năm 1986 giữa biến động toàn cầu

Tổng Hợp Tin Tức Thị Trường Mỹ Ngày 31 Tháng 3

Vàng: Vị Vua Khủng Hoảng Mới? Quý Tốt Nhất Kể Từ Năm 1986 Giữa Lúc Biến Động Toàn Cầu

Trump điều khiển — thị trường chứng khoán lao dốc để đáp lại

Các phân tích hàng đầu