US stocks rose during thin trading in the afternoon, which is emerging as the worst year after the financial crisis. Treasury securities fell, and oil erased profits.
The S & P 500 index rose higher amid optimism that President Donald Trump would move in the direction of a trade deal with China, but trading growth fell 28 percent below average. US stock markets have regular business hours on Monday. The stock index is in the worst December after the Great Depression, the worst month since February 2009 and the worst since 2008.
Shares around the world limp by the end of a dismal year, when bearish markets are observed in Japanese and German markets. The main stock indicator of Europe has reached a 13 percent drop in the year – the biggest since 2008.
Oil erased profits that rose above $ 46 a barrel. He continues to follow his first annual fall since 2015. The dollar fell in value after the government closed. The euro remained stable against the dollar after Italy’s populist government received final parliamentary approval for its 2019 budget.
World reserves are scheduled for the worst year since the financial crisis, while oil is experiencing the steepest quarterly decline since 2014. Many event risks emerge over the next 12 months, from the UK exit from the European Union to trade between the US and China. negotiations and the ongoing confrontation between President Trump and Congress over the budget. The American political landscape is also worrying investors after the departure of high-ranking officials and Trump’s repeated criticism of Federal Reserve Chairman Jerome Powell.
Here is how the main markets performed this year:
S & P 500 fell 7.7% The Dow Industrial Index fell 6.6%, the Nasdaq composite fell 6%, the Russell 2000 index fell 14%, the Stoxx Europe 600 fell 13% MSCI Asia Pacific Index fell 15% MSCI Index for Emerging Markets Shares fell 16%. Ten-year Treasury bonds lost 7.3%. Basic indices in Germany rose by 43%. Spot Bloomberg Dollar Spot rose 3.7%. The Japanese yen fell 2.6%. The euro fell 4.7%. West Texas oil fell by 25% relative to the United States. $ 45 per barrel of gold fell 4.6 percent
Shares of developing countries rose, and their currencies remained stable, despite the decline in production data from China.
Here are some events that investors can pay attention to in the coming days:
The December report on US jobs is due on Friday, January 4th. Fed Chairman Powell gives interviews to his predecessors Janet Yellen and Ben Bernanke at the annual meeting of the American Economic Association on Friday. Atlanta Fed President Rafael Bostic joins the group on long-term macroeconomic indicators.
And these are the main movements in the markets:
The S & P 500 index rose 0.5% as of 12:32 pm. The New York time Nasdaq Composite Index added 0.5%, heading for the first four-day rally since August. The Stoxx Europe 600 Index rose 0.4% to its highest level in a week. The MSCI All-Country World Index added 0.2 percent to its highest level in more than a week. The MSCI Emerging Market Index rose 0.4% to its highest level in a week.
The Bloomberg Dollar Spot Index fell 0.1 percent to its lowest level in almost 10 weeks. The euro fell by less than 0.05 percent to US $ 1.1442. The Japanese yen rose 0.3 percent to 109.93 per dollar, the strongest in the past six months. The British pound rose 0.6% to $ 1.2774, the strongest over the past three weeks, the biggest increase in almost three weeks. The MSCI currency index for emerging markets rose by less than 0.05 percent to its highest level in almost four weeks.
The yield on 10-year Treasury bonds rose by one basis point to 2.73 percent. British 10-year yields rose by one basis point to 1.277 percent.
The Bloomberg Commodity Index fell 0.7 percent. West Texas intermediate oil fell 0.2% to $ 45.23 a barrel. Gold rose 0.2% to $ 1,282.90 an ounce, the highest level in almost seven months.