Wall Street treads water, ASX set to edge up; Gold at record
A Joker Card may occur in December: the US government is going to a deadline that may cause it to be closed.
The United States already has many such closes, and in the past they have made minimum waves for the US stock exchange and economy. However, another closure may delay the collection and release of economic data such as work and inflation. Without these reports, the increase in uncertainty in Wall Street can twit up markets.
This closure may also be different, because the White House can push the large -scale fever of federal workers this time.
“We believe that the closing will have a small and temporary economic impact, but it can increase some financial market volatility”, according to the Investment Strategy Analyst Analyst Animalist Animalist Animalist Investment Institute.
In Wall Street, Electronic Arts was collected by 4.6 percent after confirming a Megabuyout rumors of the video game manufacturer. A group of investors will pay 210 US dollars cash for each share of EA. Based on the extraordinary number of shares in July, the price tag will be around 55 billion dollars ($ 84 billion), and companies call it all the biggest cash agreement in history to get a special job.
The CSX was 3.7 percent higher after calling Railway operator Steve Angel as the General Manager. Angel was the CEO of Linde and its predecessor Praxair and replaces Joe Hinrichs, who left the board of CSX.
The stocks of cannabis have increased after calling President Donald Trump’s cannabis derivative CBD as a “game -change” in improving the quality of life for the elderly. Tilray Brands 46 percent, Canada’s shade growth increased by 17.3 percent.
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In exchanges abroad, the indices often rose in Europe and Asia.
FTSE 100 in London said Emma Walmsley, CEO of the pharmaceutical giant, will resign on December 31 after more than eight years. Luke Miels, currently the head of GSK, will replace the 56 -year -old Walmsley, the first woman to lead a large pharmaceutical company.
Hang Seng in Hong Kong increased by 1.9 percent and Tokyo’s Nikkei 225 fell 0.7 percent for two of the world’s larger movements.
Oil prices fell by about 4 percent. Analysts reported that oil -producing countries in the OPEC+ Group may increase production limits next month.
Gold increased over $ 3850 per ounce to continue the record -breaking run due to the expectations of interruptions by the FED for interest rates and the potentially high inflation and concerns about the debt mountains carried by worldwide governments.
In the bond market, the return in the 10 -year Treasury rose from 4.20 percent to 4.14 percent late on Friday.
AP
