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U.S. stock indices down 0.1-0.4%

21 December 2020
1725
1 min.
8
U.S. stock indices down 0.1-0.4%

US trades

The US stock market ended Friday's trading in negative territory after posting record highs a day earlier. However, major indicators ended the week on the plus side, with the S&P 500 up 1.3% and the Dow Jones up 0.4%. The Nasdaq was up 3.1%.

The US current account deficit in the third quarter rose by 10.6% to $178.513 billion, according to a report from the country's Commerce Department. Analysts on average had forecast the deficit to widen to $189 billion in the July-September period, according to Trading Economics. Respondents to The Wall Street Journal estimated the figure at $186.9bn (up 9.6%).

The Conference Board's index of leading economic indicators fell to 0.6% in November from a revised 0.8% a month earlier. Experts were expecting the index to fall to 0.5% from the previously announced 0.7%.

The Dow Jones Industrial Average index fell 124.32 points (0.41%) to 30179.05 points.

The Standard Poor's 500 fell 13.07 points (0.35%) to 3,709.41 points.

Nasdaq Composite lost 9.11 points (0.07%) to 12755.64 points.

Pfizer (NYSE:PFE) Inc. was down 0.9% despite the US pharma company saying on Friday that it had applied to the Japanese health ministry for permission to use its COVID-19 vaccine in Japan.

Shares of FedEx Corp (NYSE:FDX). were down 5.7%, although one of the world's largest transportation and logistics companies reported record revenue for the second quarter of 2021.

Moderna Inc. shares were down 2.6% despite approval of its coronavirus vaccine in the US.

The market value of Tesla (NASDAQ:TSLA) Inc. rose nearly 6 percent.

Companies8 in the news

Moderna
1 place
Nasdaq
3 place
Dow Jones
4 place
Tesla
5 place
Pfizer
6 place
FedEx
7 place
Section:

Discussion

Rating companies
Tesla
56 Mention
Apple
55 Mention
Amazon
52 Mention
Nasdaq
51 Mention
Dow Jones
43 Mention
Facebook
43 Mention
Microsoft
31 Mention

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