US Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 9.37 points or 0.26 per cent lower at 3,572.50, Dow Jones Industrial Average Index declined by 123.93 points or 0.42 per cent lower at 29,359.30, and the technology benchmark index Nasdaq Composite traded higher at 11,918.04, up by 13.33 points or 0.11 per cent against the previous day close (at the time of writing, before the US market close at 10:50 AM ET).
US Market News: The Wall Street traded on a mixed note as covid-19 cases deter investment sentiments. The US Treasury Secretary, Mnuchin stated that he would attempt to draft a target stimulus with Democrats in the coming weeks. Among the gaining stocks, shares of Hibbett Sports rose by close to 3.7% posted earnings better than the consensus estimates. BioNtech and Pfizer were up by around 5.0% and 1.5%, respectively, after they planned to apply for emergency use authorization for their covid-19 vaccine. Among the decliners, Buckle was down by about 2.9%, although its revenue beat estimate. Foot Locker slipped by around 1.6% after it reported quarterly earnings of USD 1.21 per share.
US Stocks Performance*
European News: The London and European markets traded in the green as the UK reports healthy retail sales. The retail sales in the UK increased by 1.2% month on month in October 2020 above the expected increase of 0.1%. Meanwhile, the public sector net borrowing in the UK increased was £21.58 billion. Among the gaining stocks, Hochschild Mining was up by close to 1.8% after the company announced the payment date for its interim dividend. AstraZeneca rose by about 1.4% after Iminzi got approval in the US. Indivior gained around 1.1% after it appointed Ryan Preblick as the CFO. Among the decliners, shares of Sage Group plunged by nearly 13.3% after it reported a revenue decline of 1.7%. Smurfit Kappa declined by about 2.8% after it announced the result of the placement of 19 million shares. Segro slipped by around 0.2% after it got approval for a secondary listing on Euronext Paris.
European Indices Performance (at the time of writing):
FTSE 100 Index One Year Performance (as on 20 November 2020)
1 Year FTSE 100 Chart (Source: Refinitiv, Thomson Reuters)
Top 3 Volume Stocks in FTSE 100*: Lloyds Banking Group Plc (LLOY); Vodafone Group Plc (VOD); Rolls-Royce Holdings Plc (RR.).
Top 2 Sectors traded in green*: Energy (+1.43%), Healthcare (+0.95%) and Basic Materials (+0.91%).
Top 3 Sectors traded in red*: Technology (-0.84%), Real Estate (-0.42%) and Consumer Cyclicals (-0.17%).
London Stock Exchange: Stocks Performance (at the time of writing)
Crude Oil Future Prices*: Brent future crude oil (future) price and WTI crude oil (future) price were hovering at $44.63/barrel and $42.16/barrel, respectively.
Gold Price*: Gold price was quoting at US$1,872.95 per ounce, up by 0.62% against the prior day closing.
Currency Rates*: GBP to USD: 1.3276; EUR to GBP: 0.8931.
Bond Yields*: US 10-Year Treasury yield: 0.837%; UK 10-Year Government Bond yield: 0.298%.
*At the time of writing