Stock exchange today: live updates Dow, S&P for January 25, 2021

Photographer: Nicolas Asfouri / AFP / Getty Images

Asian equities, US and European futures rose on Monday as investors focused on the prospect of an additional fiscal stimulus and a policy to support the Federal Reserve amid a worsening pandemic. The dollar has fallen.

Shares outperformed South Korea and Hong Kong, although Japanese stocks were little changed. US futures rose, with Nasdaq 100 trading leading to gains ahead of a series of technology earnings reports this week. The S&P 500 slipped on worrying virus trends on Friday. Treasury yields have risen.

The Hong Kong stock market has been stimulated by market growth Tencent Holdings Ltd. The Internet giant has become a prime target for mainland Chinese traders flooding record amounts of cash in Hong Kong-listed shares this year.

Global stocks are close to historic highs, as the expansionary stimulus provides concerns arising from the additional blockade of coronavirus and the uneven release of vaccines, which has led to a tougher start for the world economy in 2021 than previously expected.

US lawmakers are facing the $ 1.9 trillion Covid-19 aid plan proposed by President Joe Biden, but investors continue to expect additional spending to materialize in the end. Traders are too hoping Fed Chairman Jerome Powell will reassure after Wednesday’s political meeting that monthly $ 120 billion in bond purchases will not be reduced any time soon.

“Investors see a continued open monetary policy and a greater fiscal stimulus,” said Marc Chandler, chief market strategist at Bannockburn Global Forex. “Together with the launch of the vaccine, it will generate a critical mass of more robust growth as the year progresses.”

Global coronavirus cases are approaching 100 million, with the US stepping up surveillance of virus variants to monitor their impact on inoculations. Mexican President Andres Manuel Lopez Obrador said in a tweet that he is infected with Covid-19.

Elsewhere, oil and gold were steady and Bitcoin traded at about $ 33,000 after it collapsed last week.

Here are some key events that will appear next week:

• Microsoft Corp., Apple., Tesla Inc., Facebook Inc., UBS Group AG and Samsung Electronics Co. is among the companies that report results.
• Chinese President Xi Jinping owes it speak at the online event of the World Economic Forum “Agenda Davos 2021” on Monday.
• Yi Gang Governor of the People’s Bank of China and European Central Bank chief economist Philip Lane speak at a Monday’s conference.
• US housing price data and consumer confidence come on Tuesday.
• The Federal Open Market Committee’s monetary policy decision and briefing by President Jerome Powell are scheduled for Wednesday.
• Fourth-quarter GDP, initial unemployment claims and new home sales are among US data releases on Thursday.
• US personal income, expenses and pending home sales come Friday.

These are the main movements in the markets:

Inventories

• The S&P 500 futures rose 0.4% as of 2:36 p.m. in Tokyo. The S&P 500 was down 0.3% on Friday.
• Japan’s Topix Index has been slightly changed.
• The Kospi index in South Korea added 2.1%.
• The Hang Seng index rose 1.9%.
• The Australian S & P / ASX 200 index rose 0.4%.
• Shanghai Composite added 0.6%.
• Euro Stoxx 50 futures rose 0.3%.

currencies

• The Bloomberg Dollar Spot index fell 0.2%.
• The yen was 103.69 per dollar, up 0.1%.
• The offshore yuan rose 0.2% to $ 6.4838.
• The euro was $ 1.2181.
• The pound added 0.2% to $ 1.3714.

BONDS

• The 10-year Treasury yield was 1.09%.

commodities

• West Texas Intermediate Land was flat at $ 52.29 a barrel.
• Gold traded slightly at $ 1,855 an ounce.

– With the assistance of Joanna Ossinger