The US authorities filed a lawsuit against Facebook - what are the implications?
Australian equities rise at close of trade
On Thursday, Australian equities ascended after the close because revenues in the Metals & Mining, Materials as well as Resources sectors brought stocks up.
The S&P/ASX 200 managed to leap 0.05% in Sydney.
Flight Centre Ltd, Costa Group Holdings Ltd and Bega Cheese Ltd happened to be the best performers of the session on the S&P/ASX 200. They rallied respectively 11.26%, 6.09% and 5.48%.
The worst performance was demonstrated by such benchmarks as Trade Me Group Ltd, Qube Holdings Ltd and Nanosonics Ltd. They slumped 7.61%, 6.47% and 6.36% respectively.
Ascending equities supplanted sagging ones on the Sydney Stock Exchange by 591 to 563, while 362 stood intact.
Stocks in Flight Centre Ltd rallied to 3-years maximums, earning 11.26% and getting to 49.365. Equities in Trade Me Group Ltd went down to 52-week minimums, decreasing 7.61% being worth 4.130. Equities in Costa Group Holdings Ltd grew to all time maximums, adding 6.09% hitting 5.230. Stocks in Nanosonics Ltd headed south to 52-week minimums, slumping 6.36% trading at 2.210.
Russian media companies are complaining that Youtube and Facebook block them. So sad. Now, what about the stock price?
Have you seen the Tesla stock price? But it has already dropped from that high... will it move up again?
We are now past the middle of January, and this means that the largest US companies will report their earnings for the fourth quarter and many of them will provide the results of the entire 2020.
Poor US data, slow vaccine distribution, rising virus cases worsened the market sentiment and underpinned safe-haven currencies like the USD, and JPY.
The European Central Bank will publish the monetary policy statement with the interest rate decision on January 21, at 14:45 MT time.