[뉴욕증시 마감] The 3rd index all-time high… Brent oil surpassed $60

On the 8th (hereinafter referred to as local time), the three indexes of the New York Stock Market broke an all-time high thanks to the massive economic stimulus plan of the US administration by Joe Biden. In particular, the Standard & Poor’s (S&P) 500 Index and the Dow Index rose for six consecutive trading days, showing the longest upward trend since August last year.

On this day, on the New York Stock Exchange (NYSE), the Dow index recorded 31,385.76, an increase of 237.52 points (0.76%) compared to the previous trading day. The S&P 500 index closed at 3915.60, up 28.77 points (0.74%).

The Nasdaq Index, centered on technology stocks, was 131.35 points (0.95%) and 13,897.64 points. The Russell 2000 index closed at 2285.50, up 55.01 points (2.47%) compared to the previous trading day.

According to CNBC, the Russell 2000 index jumped 7.7% last week alone, the highest weekly increase since June last year.

On this day, the 11 sectors of the S&P500 index increased at the same time, excluding utilities (-0.78%). In particular, the energy sector showed an increase of 4.17%, the highest among the sectors, thanks to the rising international oil prices.

In addition, most sectors rose: 0.38% for communication services, 1.22% for finance, 0.91% for industry, 1.04% for technology, 0.45% for essential consumer goods, 0.39% for consumer discretionary goods, 0.14% for healthcare, 0.22% for real estate, and 0.81% for materials.

US equity strategist Michael Walson Morgan Stanley told CNBC that the market is in a bullish market in the early stages of economic recovery and that the release of a novel coronavirus infection (Corona 19) vaccine and expectations for a normal resumption of activities are working as a positive.

◆ A market infested with “stimulus measures”… ‘Bitcoin Investment’ Tesla 1.31%↑

On this day, the market paid attention to the current situation of the Corona 19 situation and the possibility of introducing a large-scale economic stimulus plan in the United States.

On the 5th, the U.S. Senate and House of Representatives handled a budget resolution that would allow the passage of the COVID-19 international bill, which contains an economic stimulus plan worth 1.9 trillion dollars (about 2100 trillion won), with just a majority vote of Congress.

This means that the Democratic Party of the United States alone has laid the groundwork for dealing with the stimulus bill. Currently, the Republican Party of the United States is opposed to the Democratic Party’s stimulus package. However, it is analyzed that the market was dominated by the hope that the Biden administration’s economic stimulus plan would be implemented sooner or later because the Democratic Party had a way to handle the bill alone.

CNBC said, “Investors have risen to record levels while maintaining optimism about the COVID-19 stimulus and economic recovery.”

Goldman Sachs proposed the growth rate forecast for this year and next year to be 6.8% and 4.5%, respectively, which were raised 0.2 percentage points.

Matt Hana, portfolio manager of Summit Global Investments, told Reuters that “the unrestricted expectations for stimulus and the company’s good performance matched.” “(This) fuels the form of speculation.”

CNN broadcast predicted that the US Senate will vote on the bailout bill at the end of this month or next month when the impeachment trial for former President Donald Trump ends.

As for the characteristic stocks, Walt Disney, Cisco Systems, and GM rose 4.85%, 1.79%, and 4.54%, respectively, on the back of expectations for earnings improvement. Tesla, which said it had invested $1.5 billion in Bitcoin, rose 1.31%.

Tesla confirmed the fact that it invested in bitcoin, saying, “We bought bitcoin to diversify where we can make cash profits and maximize profits,” through data submitted to the US Securities and Exchange Commission (SEC). did.

He added, “In the future, some of the assets can be further invested in digital assets,” suggesting the possibility of additional investment, adding that the Tesla electric car can be purchased with bitcoin.

If Tesla accepts Bitcoin as a real payment method, it will be the first automaker to sell cars through virtual assets.

◆Oil prices rise for 6 consecutive trading days… Brent oil surpassed $60

International oil prices rose for six consecutive trading days, regaining their price level a year ago.

On the same day, at the New York Commercial Exchange (NYMEX), Western Texas crude oil (WTI) for March delivery ended at 57.97 dollars, up 1.12 dollars (2%) per barrel compared to the previous trading day.

The April Brent crude on the London ICE Futures Exchange is also trading at $60.59 per barrel, up $1.25 (2.11%) as of 3:35 pm.

According to MarketWatch, the WTI price on this day was the highest since January 21, last year, and Brent price also reached the highest level since December 24 last year.

Market Watch said, “Oil prices crashed last year as concerns over Corona 19 and weak demand hit the oil market. However, the current oil price is soaring due to the expectation of an increase in demand and the movement of production cuts by major oil producing countries. “Last week, Brent oil rose 7.8% on a weekly basis.”

Global Economist Kaylyn Burch of Economist Intelligence Unit told Marketwatch that the easing of the Corona 19 crisis and expectations for the US administration’s economic stimulus measures, Joe Biden, acted as a factor of rising oil prices. “The most important thing is the interest in the current financial markets,” said Global Economist.

Birch Economist said, “The possibility of passing the Biden administration’s economic stimulus package and the recent active economic activity in China have raised investors’ expectations for the pace of economic recovery this year.”

The Wall Street Journal analyzed that “there is some investors claiming that oil prices will continue to rise,” said the Wall Street Journal. “They are motivated to take oil out of the warehouse because they can make money by selling oil right away.”

◆European stock market and gold prices rose slightly in anticipation of’US stimulus plan’