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Equity futures rose on the first day of trading in 2021 and continued last year, as the outlook for continued fiscal stimulus and the effects of coronavirus vaccines could help investors’ optimism.
Dow Jones Industrial Futures was up 177 points, or 0.6%, while the S&P 500 and tech Nasdaq Composite were up 0.5%.
| Ticker | Safety | Last | Alter | Alter% |
|---|---|---|---|---|
| Ek: DJI | DOW JONES AVERAGE | 30606.48 | +196.92 | + 0.65% |
| SP500 | S&P 500 | 3756.07 | +24.03 | + 0.64% |
| I: COMP | NASDAQ COMPOSITION INDEX | 12888.282427 | +18.28 | + 0.14% |
The rally also expanded overseas, with the UK FTSE 100 rising 2.7%, driven by the trade agreement reached between the UK government and the European Union just before Christmas.
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The German DAX and the French CACH 40 both climbed 1.7% respectively.
| Ticker | Safety | Last | Alter | Alter% |
|---|---|---|---|---|
| HLF | HERBALIFE LTD | 48.05 | +0.26 | + 0.54% |
Shares in Herbalife could be active on Monday after The Wall Street Journal reported that activist investor Carl Icahn had sold more than half of his stake in the company, while also relinquishing seats on the board.
| Ticker | Safety | Last | Alter | Alter% |
|---|---|---|---|---|
| TSLA | TESLA INC. | 705.67 | +10.89 | + 1.57% |
Tesla rose 2.8% early Monday after the company led by Elon Musk said it had delivered nearly 500,000 cars by 2020, and was only shy of Musk’s previously stated goal.
| Ticker | Safety | Last | Alter | Alter% |
|---|---|---|---|---|
| CHL | CHINA MOBILE LTD. | 28.54 | +0.25 | + 0.88% |
| CHA | CHINA TELECOM | 27.55 | -0.01 | -0.04% |
| CHU | CHINA UNICOM LTD. | 5.68 | -0.09 | -1.56% |
China’s largest telecommunications companies, China Mobile, China Telecom and China Unicom, are under pressure after the New York Stock Exchange said it would remove the three, citing an executive order.
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In other asset classes, bitcoin fell nearly 10% to $ 32,000, after rising in the last days of 2020 and the first few days of 2021, surpassing the $ 34,000 level.
West Texas Intermediate crude rose nearly 1% to $ 48.97 per barrel, while gold jumped higher, rising more than 2.3% to $ 1,939.70 per ounce.
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