Synergy Capital AM:Online Shopping Giant 'Amazon' rallied and pulled Nasdaq into new record high

WAN CHAI, Hong Kong - July 24, 2020 - PRLog -- Amazon has jump up nearly at 8% at $3,202 per share, pulling other Tech giants and other market sector utterly positive as trading opens this week. Microsoft which is under Nasdaq also gained 4.30% while Netflix, Alphabet and Facebook increased around 1.4% respectively.

The Dow has also gained some advances on today's market after Pfizer and BioNTech informed public on an early positive report from a joint coronavirus vaccine candidate.

Gold is quite increasing as investors still pushes it as their investments safe haven. Oil prices are also up while currencies fell together with treasuries.

Stocks

-        The Dow Jones Industrial Average climbed up around 8.92 points or 0.03% to 26,680.87 per share.

-        The S&P 500 Index gained 0.8% to 3,251.84.

-        The Nasdaq Composite jumped another record high at 2.51% to 10,767.09.

-        The Stoxx Europe 600 Index has advanced by 0.8% to 375.51.

Bonds Globally

-        The yield on the benchmark 10-year Treasury note fell for less than 2 basis points to 0.606%.

-        The yield on the 30-year Treasury bond went down a bit to 1.302%.

-        The yield on the Two-Year Treasury has no visible changes at 0.151%

-        Germany's 10-year yield dipped one basis point to -0.46%.

-        Britain's 10-year yield decreased one basis point to 0.151%.

Commodities

-        Gold price has advanced with $7.03 changes or 0.39% to $1,817.31 an ounce.

-        West Texas Intermediate crude is up by $0.17 change or 0.42% to $42.92 per barrel.

-        Brent crude is up with a little to no change to $43.37 a barrel.

Currencies

-        U.S. Dollar Currency Index (DXY) is down by 0.21% to $95.82 per share.

-        The euro climbed 0.1% to $1.1445, the strongest in 19 weeks.

-        The Japanese yen depreciated 0.3% to 107.32 per dollar, the weakest in almost two weeks.

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