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[US market conditions]S & P 500 types have the highest price, favorable financial results-Government bond yield rises-Bloomberg

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In the US stock market on the 21st, the S & P 500 stock index continued to grow for 7 business days, hitting a new high. The highest price will be updated since September 2. The strong corporate financial results announced one after another were well received.

  • US stocks rise in S & P and Nasdak-Dow small rebound
  • US Treasuries fall mainly on short-term bonds, 10-year bond yields 1.70%
  • Dollar rise, yen against yen is just around 114 yen-risk avoidance and yen is also high
  • NY Crude Oil Futures Fall, Biggest in Two Weeks-Due to Global Growth Concerns
  • Gold spot, undirected development-financial officials’ awareness of rate hikes

The S & P 500 species were in conflict throughout the day, but the rate of increase expanded to about an hour before the end of the transaction. The rise in consumer goods stocks was noticeable against the backdrop of higher-than-expected profits from Tesla and tractor supply.On the other hand, sales did not reach the market forecastIBM and Lam Research have fallen. In after-hours trading after closing, snap prices dropped by more than 25% at one point. Reacted to the settlement of accounts.

S & P 500 seeds are 4549.78, 0.3% higher than the previous day. Nasdaq Composite Index rose 0.6%. The Dow Jones Industrial Average is down $ 6.26 to $ 35603.08.

“I think it’s only natural for investors to scrutinize corporate performance,” said Liz Yang, chief investment strategy officer at Sofay. “We are finally returning from a market driven by monetary policy to a market driven by fundamentals,” he said.

The US Treasury market has fallen, centered on short-term bonds. Yields on five-year bonds have risen to their highest levels since February last year, with growing belief that US monetary policy tightening will be faster than expected. As of 4:59 pm New York time, 10-year bond yields have risen 4 basis points (bp, 1bp = 0.01%) to 1.70%. Yields on 5-year bonds rose 7bp to 1.24%.

290,000 new U.S. unemployment insurance applications, unexpectedly down-lowest since March 2008 (1)

US pre-owned home sales grow faster than market expectations-price growth slows (1)

In the foreign exchange market, the dollar has risen against most of the 10 major currencies. Risk-taking motivation has declined against the backdrop of inflationary concerns. The yen has also risen. Meanwhile, the New Zealand dollar and the Australian dollar fell.

“The general dollar appreciation trend hasn’t changed yet, and we expect the dollar to continue to rise over the next few months,” said Shawn Osborne of Scotiabank.

The Bloomberg Dollar Spot Index, which shows the movement of the dollar against major currencies, rose 0.2%. The dollar is down 0.3% against the yen at 1 dollar = 113.99 yen. The euro is down 0.2% against the dollar at 1 euro = 1.1623 dollars.

New York crude oil futures prices fell the most in two weeks. Prices have fallen from overbought levels amid growing concerns about global economic growth.

Oanda’s senior market analyst Ed Moya said a global lockdown could soften the economy this winter, affecting the bullish economic outlook.

The New York Mercantile Exchange (NYMEX) West Texas Intermediate (WTI) futures December contract closed at $ 82.50 a barrel, down 92 cents (1.1%) from the previous day. The December contract for North Sea Brent futures ended at $ 84.61, down $ 1.21.

The gold spot market lacks a sense of direction. U.S. monetary officials were aware of the remarks suggesting that there would be no hasty rate hikes.

Gold fluctuates as investors remain unsure about rate hikes

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