Market session wraps with mixed results; NASDAQ squeezing out gains

CENTRAL, Hong Kong - June 28, 2021 - PRLog -- Stocks stabilized recently as they recover from the initial shock caused by the latest monetary policy outlook of the Federal Reserve. Investors are also hoping that the central bank would continue to maintain the current policies, which was answered by a message from Federal Chair Jerome Powell, stating that the central bank will continue to support the growth of the economy as the economy still has a long way to go to get back to its original status.

While the other assets have rebounded, cryptocurrencies continue to be placed under pressure especially after China's statement about its crypto policies and regulations to be stricter. The government itself led in reining transactions associated to crypto and even forced mining operations to cease in some parts of China.

Stocks:

• The Dow Jones Industrial Average fell to 33,874.24 with a decrease of 71.34 points or 0.21%.
• NASDAQ Composite Index gained by 18.46 points or 0.13% and ended 14,271.73, reaching a new record high.
• The S&P 500 Index landed at 4,241.84 after losing 4.60 points or 0.11%.
• Japan's Nikkei 225 gained by 0.00% or 0.34 points and closed to 28,875.16.
• Hong Kong's Han Sen stepped up at 28,887.28 points or 0.24% gain.

Bonds:

• U.S. 2 Year Treasury yield increased by 0.006 basis points or 2.25% and closed at 0.268.
• U.S. 5 Year Treasury yield went up by 0.006 basis points or 0.71% at 0.913.
• U.S. 10 Year Treasury yield gained 0.005 basis points or 0.34% and ended 1.495.

Both crude as well as silver went up, while gold went down on today's trading session under commodities, while global currencies on the other side ended up mixed.

• Gold down to $1,777.50 per ounce after losing $1.55 or 0.10%
• Silver currently at $25.92 per ounce.
• Western Texas Intermediate Crude increased 0.37% and now at $73.35 per barrel.
• Brent crude at $75.45 per barrel after gaining by 0.35%.
• U.S. Dollar Index down by 0.01% at 91.79.
• Euro up by 0.04% closing 1.19319 vs USD.
• Yen decreased by 0.09% at 110.851 against USD.
• British Pound up by 0.03% at 1.3965 versus USD.
• Canadian Dollars lost 0.06% at 1.23000 vs USD.

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