Home » The Fed bans its officials from holding U.S. stocks, the S&P 500 index hits a new high, energy stocks fall

The Fed bans its officials from holding U.S. stocks, the S&P 500 index hits a new high, energy stocks fall

by admin


US Eastern Time on Thursday (October 21), US stocks closed mixed. The Dow fell 0.02%, the Nasdaq rose 0.62%, and the S&P 500 index rose 0.3%, setting a new record high. On the disk, technology stocks generally rose, while financial stocks and energy stocks fell.

Pre-market data showed that the number of initial claims for unemployment benefits in the United States last week was 290,000, which continued to hit a new low since the week of March 14 last year. It is expected to be 297,000 and the previous value was 293,000.

In addition, on October 21, local time,MidlandThe Reserve Bank announced that its officials would be prohibited from holding individual stocks, and other investment activities of officials would be restricted.

According to CCTV News Client’s report, according to the new regulations,MidlandReserve officials can no longer hold stocks in specific companies, nor can they invest in individual bonds, holding institutional securities or derivative contracts. Officials must give 45 days’ notice before they can trade securities that are still allowed to be bought and sold. Investors will also be Requires holding these securities for at least one year, and cannot buy or sell them during periods of “increasing financial market pressure”fund.It is reported that the ban also applies toMidlandReserve senior decision-makers, such as members of the Federal Open Market Committee and senior staff of the Federal Reserve.

See also  Mps, Draghi government insists on UniCredit solution. Rumors about a new state gift to convince the cold Orcel

In terms of individual stocks, large technology stocks rose collectively.NetflixUp 4.48%,MicrosoftUp 1.09%,AmazonRose 0.58%, Facebook rose 0.32%,AppleRose 0.15%, Google rose 0.08%.

  BankMost stocks fell, Citigroup fell 1.8%.JPMorganFell 0.83%,Bank of AmericaFell 0.62%,Morgan StanleyFell 0.38%,Goldman SachsFell 0.17%,FuGuo bankUp 0.4%.

Energy stocks fell across the board,ConocoPhillipsFell 1.85%,Exxon MobilFell 1.79%,Occidental PetroleumFell 1.65%,ChevronFell 1.22%,SchlumbergerFell 1.21%.

Anti-epidemic concept stocks rose collectively, BioNTech rose 6.29%, Moderna rose 1.97%,Novavax PharmaceuticalsUp 1.41%,PfizerUp 0.21%,Gilead SciencesRose 0.19%.

Popular Chinese concept stocks have mixed ups and downs.AngolaFell 10.76%,GatheredFell 9.25%,Burning Rock MedicineFell by 7.51%,Xiaoying TechnologyFell 6.97%,Huaneng PowerFell 5.1%,JingdongDown 1.82%;Lots of roomsUp 28.57%,Funny headlinesUp 26.47%,shellUp 8.1%,Ideal carUp 2.63%,Xiaopeng MotorsUp 1.28%,Wei LaiAutomobiles rose 0.48%.

European stocks closed down across the board. Germany’s DAX index fell 0.32% to 15472.56 points; France’s CAC40 index fell 0.29% to 6686.17 points; Britain’s FTSE 100 index fell 0.45% to 7190.3 points; Italy’s FTSE MIB index fell 0.21%. Reported at 26525.15 points.

In terms of crude oil, WTI December crude oil futures closed down 0.92 US dollars, or 1.10%, to 82.50 US dollars per barrel, which fell more than 3% during the session. Brent’s December crude oil futures closed down 1.21 US dollars, or 1.41%, to 84.61 US dollars per barrel.

In terms of gold prices, COMEX December gold futures closed down 0.2% to $1,781.90 per ounce.

See also  Jerome Powell’s Poker Face: The Federal Reserve's Path to Lower Interest Rates

(Source: Sino-Singapore Jingwei)

.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy