Elite Capital International: S&P 500 and Nasdaq marked another fresh all-time high as market closed

WAN CHAI, Hong Kong - Aug. 25, 2020 - PRLog -- As optimism engulf market session on the opening day of the week due to the positive reports concerning coronavirus treatments and vaccines together with Apple's hitting fresh new all-time high, stocks specifically S&P 500 and Nasdaq closed trade with fresh record levels.

Apple's shares just gained another 1.2% in its market price which set its newest record high.

However, Gold, Silver and Treasuries did not follow suit and dipped a bit on today's trading day.

Here are the main movements in the Global Stock Market this Monday;

Stocks

-        The S&P 500 Index climbed 34.21 points or 1.01% to 3,431.41 as of 4:00 p.m. of New York time, marking another intraday all-time high in 6 months.

-        The Dow Jones Industrial Average appreciated with 378.54 points or 1.36% to 28,308.87, setting fresh record high since February.

-        Nasdaq Composite climbed up with 67.92 points or 0.60% increased to 11,379.72, closing as its current highest record.

-        The Stoxx Europe 600 Index jumped 1.6% to 370.85, the highest in more than a week on the biggest surge in almost two weeks.

Bonds

-        The yield on the benchmark 10-year Treasury note has increased just one basis point to 0.6428%.

-        The yield on the 30-year Treasury bond has no to little change at 1.3470%.

-        Britain's 10-year yield increased about one basis point to 0.213%..

-        Germany's 10-year yield gained two basis points to -0.49%, marking its first bounce up in more than a week.

Commodities

-        Brent crude advances with 0.78 point or 1.76% to $45.97 per barrel.

-        West Texas Intermediate crude jump up around 0.28 point or 0.66% to $42.62 per barrel.

-        Gold dipped again for four straight days now and is currently down today by 7.87 points or 0.41% to $1,929.75 an ounce.

-        Silver has also depreciated around 0.18 point or 0.67% to $26.59 an ounce.

Currencies

-        US Dollar Currency Index has increased a bit at $93.22.

-        The euro has dropped 0.1% to $1.179, the weakest price in a week.

-        The Japanese yen depreciated around 0.2% to 105.97 per dollar.

For more updates in finances and stock market visit us at Elite Capital International Limited - https://elitecapitalinternational.com/  or contact us thru email immediately.