1/26/2021 3:15:23 AM GMT
Market highlights
US shares trade in a volatile fashion but major indices still finish in the green
In the context of lockdowns and vaccines, crude price resilience is awe-inspiring
Resurfacing US-China tensions throw another curve at a frustrating currency market
Gold concedes ground to stronger dollar, but remains bid
Markets
US shares traded in a volatile fashion, yet major indices all still finished in the green. Impassioned by President Biden’s Buy American initiative, and in anticipation of Janet Yellen s confirmation as Treasury Secretary, stock market investors were revelling and relentlessly pumping cash into US shares which helped propel both the S&P 500 and Nasdaq to record highs. But the upbeat close certainly belied a day of equity market turmoil under the hood.