Daily Report 07.12.2020
Објавено: 07. 12. 2020

Dow jumps more than 200 points to a record even after a big U.S. jobs report miss; European markets close higher with U.S. stimulus, Brexit in focus; BELEX15 down 0.33% 
Stocks rose to record levels on Friday, notching another weekly advance, as traders shook off a disappointing U.S. jobs report. 
The Dow Jones Industrial Average closed higher by 248.74 points, or 0.8%, at 30,218.26. The S&P 500 gained 0.9% to end the day at 3,699.12, and the Nasdaq Composite advanced 0.7% to 12,464.23. All three of major indexes posted intraday and closing record highs. Chevron and Caterpillar rose 3.9% and 4.3%, respectively, to lead the Dow higher. Energy was the best-performing S&P 500 sector, gaining 5.4%. 
The U.S. economy added 245,000 jobs in November. That’s well below a Dow Jones consensus estimate of 440,000. The unemployment rate, however, matched expectations by falling to 6.7% from 6.9%. 


European markets closed higher on Friday as investors monitored prospects of a U.S. stimulus package and a last-minute Brexit trade deal. The pan-European Stoxx 600 closed up 0.6%, with oil and gas stocks climbing 3.1% to lead gains after OPEC+ members agreed on Thursday to increase production by 500,000 barrels per day beginning in January. Retail stocks declined by 0.5%. 
Shares of Danish pharmaceutical company H. Lundbeck jumped 8.5% to lead the Stoxx 600 after UBS rated it as a top pick for 2021. 


BELEX15 was down 0.33% as Alfa Plam lost 4.8%, while Belgrade Airport was down 2.7%. The most active names was Alfa Plam, since it generated RSD 26.6m in volume. There were no important corporate nor macro news. 
Source: CNBC, Ilirika