Yesterday's stock exchanges turned out to be mixed. The President of the US Federal Reserve, Jerome Powell, ended up reversing a market sentiment that had an appetite for risk by saying that the recent economic improvement could be jeopardized if Congress suspends support for dismissed workers and companies te shut down by the coronavirus pandemic.
The grants shareholders had a mixed performance in the US, where the Dow Jones index grew by 0.65% while the S&P500 index depreciated by 0.36 % and the Nasdaq index rose by 0.15%. In the Eurozone, its benchmark index - Stoxx 600 - closed in green with another 0.76%.
In the debt market, yields eventually rose and ended up respecting the sentiment during the first half of the day.
Crude oil retreated after the US Department of Energy's weekly report showed that US crude reserves recorded another record high, indicating that demand may not have fully recovered yet.
The “yellow metal” is without a well-defined trend at a time when market sentiment has varied.
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