While the S&P 500 SPX,
+ 0.87%
Nasdaq composite company,
+ 0.74%
It set new records on Monday with the US $ 908 billion stimulus bill finally signed into law, and there were few sectors that did not join the party.
For example, Russell 2000 RUT Small Head,
-0.38%
Close lower, after a three-month stretch in which the index jumped 33%.
Another part that did not participate in Monday’s rally were the last lists. The IPO of the Nahda Fund for Public Offering on the Stock Exchange,
-4.70%
Almost 5%. Analysts at Bespoke Investment Group point out that this is the worst relative performance of the NYSE FANG + NYFANG Index,
+ 1.60%
– Facebook FB compilation,
+ 3.59%And the
Amazon AMZN,
+ 3.51%And the
Apple AAPL,
+ 3.58%And the
Netflix NFLX,
+ 1.00%
And owner of Google Alphabet GOOG,
+ 2.14%And the
Along with a few other tech giants including Alibaba BABA,
+ 0.16%
Tesla TSLA,
+ 0.29%
– in its history.
Companies including Peloton Interactive PTON sports bike maker,
-6.48%And the
Zoom Video Communications ZM,
-6.34%And the
The social networking site Pinterest PINS,
-4.57%And the
And Palantir Technologies PLTR Data Analytics Provider,
-7.64%
All of them struggled.
“This is by far the worst relative performance in the history of the NYSE FANG + Index, and it could be a sign that the market is starting to reassess the strong bets on uncertain companies that have also played as part of the SPAC frenzy,” detailed analysts. SPACs are special purpose buyout companies, so-called blank check companies that intend to buy out other companies as a way of offering them to the public.
The Defiance Next Gen SPAC is derived from ETF SPAK,
-2.13%And the
With components including DraftKings DKNG, the sports betting company,
-6.04%
And the spaceflight company Virgin Galactic SPCE,
-7.39%And the
It also closed lower on Monday.
Hype
The House of Representatives has voted to repeal President Donald Trump’s veto of the defense bill, while Senator Bernie Sanders has threatened to block a move to do so in the Senate unless a vote is taken on the $ 2,000 stimulus proposal that passed the House of Representatives.
Companies that have seen a significant drop in stock prices may see more pressure in the coming days, as investors lose losses for capital gains tax purposes.
US hospital admissions from COVID-19 recorded a record high of 121,235 on Monday, according to the COVID-19 Tracking Project. Deaths have decreased dramatically since Christmas, likely as holiday reports slowed.
More Israelis have been vaccinated than people infected with CoronavirusAccording to a government minister. In the United States, 2.13 million people received a dose, according to the Centers for Disease Control and Prevention, or 11% of the number of people with the disease.
The European Union and China are close to a trade deal that would give Europe greater access to Chinese manufacturing and more access for the Chinese to European energy.
market
ES00 US Equity Futures,
+ 0.47%
NQ00,
+ 0.45%
YM00,
+ 0.45%
To more gains.
FTSE 100 UKX Index,
+ 2.12%
It rose sharply in London in its first action since the UK approved a trade deal with the European Union that will continue to have duty-free access.
DXY dollar,
-0.35%
It was lower against the major competitors, in particular EURUSD,
+ 0.37%.
10-year Treasury yield TMUBMUSD10Y,
0.946%
It was 0.95%. Bitcoin BTCUSD,
+ 1.13%
He was trading for less than $ 27,000 in another troubled business.
Random readings
Japanese company, Sumitomo Forestry 1911,
+ 0.23%And the
The search began Making wooden satellites To reduce space junk.
two Widow penguins comfort each other View of Melbourne skyline.
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