Daily Market Comments(20211105)-Pill

From BBC
  • U.S stock index kept climbing today with strong Nonfarm payrolls and lower than expected unemployment rate.

Winners and Losers (in my watching list): ABNB+12.98%, YOU+8.75%, UAL+7.26%; OPEN-6.77%, RBLX-5.50%, TSP-4.43%, SQ-4.07%.

Bond Market: 10Y dipped to 1.453, and 30Y to 1.888

Equity Market: NASDAQ closing at 15971.59, +0.20%; DJI 36327.95, +0.56%; S&P500 4697.53, +0.37%.

Econ Calendar: Nonfarm payrolls recorded 531K > 450K, unemployment rate 4.6%<4.7%.

Big News: Bank of England held interest rate unchanged, surprising watchers around the world. Pfizer announced a covid-19 pill, after Merck.

Guess On Next Move: NASDAQ is pushing to the top.



Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store