The US authorities filed a lawsuit against Facebook - what are the implications?
Australian equities dive at close of trade
On Tuesday, Australian equities dipped after the close because losses in the Consumer Discretionary, IT as well as Healthcare sectors put pressure on stocks.
The S&P/ASX 200 went down 0.24%.
On the S&P/ASX 200 the best performers were Galaxy Resources Ltd, Santos Ltd and Beach Energy Ltd. They managed to gain respectively 6.40%, 3.47% and 3.25%.
Meanwhile, the worst performance was demonstrated by such benchmarks as Premier Investments Ltd, Platinum Asset Management Ltd and Seven West Media Ltd. They dived 4.48%, 3.83% and 3.65% respectively.
Slumping equities outperformed growing stocks on the Sydney Stock Exchange by 636 to 535. Meanwhile, 350 didn’t change.
The S&P/ASX 200 VIX that gauges the implied volatility of S&P/ASX 200 options gained 0.09% being worth 12.309.
The currency pair AUD/USD acquired 0.06% reaching 0.7942. At the same time AUD/JPY sank 0.01% showing an outcome of 88.66.
The US Dollar Index Futures soared 0.01% hitting 92.45.
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The European Central Bank will publish the monetary policy statement with the interest rate decision on January 21, at 14:45 MT time.
Joe Biden is going to unveil a Covid-19 relief package of about $2 trillion. After this announcement, the 10-year Treasury yield rose, adding support for the USD.
The US dollar’s weakness offered a boost to emerging-market currencies and oil.