Dow Jones and S&P 500 up 0.2%, Nasdaq slightly declined

Dow Jones and S&P 500 up 0.2%, Nasdaq slightly declined

Dow Jones and S&P 500 up 0.2%, Nasdaq down marginally American stock indices changed in different directions on the basis of trading on Wednesday: Dow Jones and S&The P 500 rose, while the Nasdaq declined marginally. Moreover, the index S&P 500 hit record high for second day in a row.

During trading, the US stock market fluctuated between rallies and declines, but was supported by a statement from House Democratic Majority Leader Steny Hoyer, who said he hopes to reach a deal on new fiscal stimulus this weekend, MarketWatch writes. Hoyer told reporters he discussed the matter with Senate Majority Leader Mitch McConnell.

"We agreed that it would be optimal to come to an agreement by the end of these inputs, so that the text of the agreement is drawn up and documented and we can review it as early as Wednesday or Thursday next week.", - he said.

A day earlier, a bipartisan congressional group proposed a new $ 908 billion stimulus package. On Wednesday, House Speaker Nancy Pelosi and Democratic Minority Leader in the Senate Chuck Schumer urged McConnell to use the proposal as a basis for negotiations..

"As a compromise, we believe that the bipartisan proposal presented yesterday by the senators should be used as a basis for the immediate start of negotiations with the participation of both parties and chambers", - said in their joint statement.

The UK, meanwhile, on Wednesday became the first country to approve the use of a COVID-19 vaccine from US-based Pfizer (NYSE: PFE) Inc. jointly with German BioNTech (NASDAQ: BNTX), the country's health ministry said.

Meanwhile, President-elect Joe Biden said in an interview with The New York Times that he would not immediately abolish customs duties on Chinese goods imposed by the Trump administration..

The number of jobs in the private sector of the US economy last month increased by only 307 thousand, according to data from Automatic Data Processing (ADP). Economists forecast growth of 410 thousand, according to data from Trading Economics. According to revised data, in October, the number of jobs increased by 404 thousand.

According to the forecast of analysts at Barclays (LON: BARC), the Standard & Poor&# 39; s 500 could go up to 4000 points by the end of 2021. At the same time, they expect that the yield on ten-year US government bonds will be at 1.25% per annum by this time. At the close of trading on Tuesday, the S value&P 500 was 3662.45 points, the yield on ten-year US Treasuries was 0.929% per annum.

The Dow Jones Industrial Average rose by 59.87 points (0.2%) and amounted to 29883.79 points.

Standard & Poor&# 39; s 500 rose by 6.56 points (0.18%) - up to 3669.01 points.

Nasdaq Composite lost 5.74 points (0.05%) and amounted to 12349.37 points.

Pfizer shares up 3.5% on Wednesday on news of UK approval of its coronavirus vaccine.

Merck Papers & Co (NYSE: MRK). added 0.3% in price. The American pharmaceutical manufacturer announced that it has sold its stake in Moderna Inc. (SPB: NASDAQ: MRNA), which shares soar in price thanks to the development of a vaccine against coronavirus.

Norwegian Cruise Line Holdings Ltd. grew by 2%, despite the fact that the cruise operator extended the suspension of all cruises until the end of February.

Salesforce.com (NYSE: CRM) Inc. Quotes fell 8.5%. American provider of cloud-based enterprise customer engagement solutions buys messaging developer Slack Technologies Inc. for $ 27.7 billion.

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