S&P 500 falls for a third day even after Congress passes long-awaited Covid stimulus deal; European stocks close higher despite concerns over new coronavirus strain; BELEX15 up 0.22%
The S&P 500 fell for a third straight session on Tuesday even after Congress approved a long-delayed coronavirus relief package.
The broad equity benchmark dipped 0.2%, or 7.66 points, to 3,687.26 in relatively thin trading. The Dow Jones Industrial Average slipped 200.94 points, or 0.7%, to 30,015.51. The Nasdaq Composite eked out a 0.5% gain to close at 12,807.92, a new record. The tech-heavy index was supported by a 2.9% jump in Apple shares amid investor enthusiasm around its reported foray into self-driving vehicles.
On the data front, a final reading showed third-quarter gross domestic product grew 33.4% on an annualized basis, compared to 33.1% expected. Meanwhile, U.S. consumer confidence fell for the second straight month in December and missed expectations.
European shares closed higher Tuesday afternoon, attempting to recover from a brutal sell-off in the previous session, despite concerns over a new coronavirus strain in the U.K. European shares closed higher Tuesday afternoon, attempting to recover from a brutal sell-off in the previous session, despite concerns over a new coronavirus strain in the U.K.
BELEX15 was up 0.22% as we saw 0.5-1% gains at NIS, Belgrade Airport, Metalac and Energoprojekt. The most active name was NIS with RSD 14m in volume.
Source: CNBC, Ilirika