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Topic: COVID snatches US stocks off negative, Dow drops 317 points, oil down-gold positive

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COVID snatches US stocks off negative, Dow drops 317 points, oil down-gold positive
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US stocks fell on Thursday. Concerned about COVID-19 The same applies to US oil prices. While the price of gold returned to close positive

US stock market Trading closed Nov. 12, 2020, closed down, with the Dow down 317.46 points or 1.08% to close at 29,080.17 points, while the AS&P 500 fell 35.65 points, or 1.00%, to 3,537.01 points. Dag fell 76.84 points, or 0.65%, to 11,709.59 points.

Wall Street has shut down as the good news about the COVID-19 vaccine fades as concerns escalate the epidemic. Especially the situation in the US That found more than 100,000 infected people in a row for more than a week and the number of infected people surpassed 10 million earlier this week. Many cities, including New York and San Francisco, have to enforce tougher measures to contain the outbreak. And could lead to a nationwide lockdown

In addition, the US economic stimulus. Which investors are waiting for And expected to come out in the near future It doesn't seem like it seems. When Bloomberg News reported that the White House had given up on negotiations. And in line with Senate Majority Leader Mitch McConnell, who said the measure had been passed before the new year.

US oil price Increase in the first part of the day From the hope of the COVID vaccine and the expectation that OPEC Plus Group Will delay the relaxation of measures to reduce oil production But news of the increase in US crude oil stocks. And many European countries This has raised concerns about oil demand. Not only Oil prices are also under pressure from the number of COVID-19 infections. Soaring And delays in issuing US economic stimulus measures as well

West Texas Intermediate (WTI) crude oil futures for December delivery fell US $ 0.33, or 0.8%, to $ 41.12 a barrel. Brent, North Sea, London The January delivery period was up $ 0.25, or about 0.6%, to $ 44.05 a barrel.

As for the price of gold rose. As investors return to find safe assets Due to the growing concern of the COVID-19 outbreak in many countries by the Comex gold futures market. The December delivery period fell US $ 14.80, or approximately 0.8%, to US $ 1,861.60 an ounce. >> More details ทางเข้า joker



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