Today’s stock market: live updates from Dow, S&P for January 25, 2021

Photographer: Nicolas Asfouri / AFP / Getty Images

Asian stocks, U.S. and European equities futures rose Monday as investors focused on the prospect of additional fiscal stimulus and a Federal Reserve support policy amid the worsening pandemic. The dollar fell.

Shares outperformed South Korea and Hong Kong, although Japanese stocks changed little. US futures were on the rise, with Nasdaq 100 contracts ahead of earnings ahead of a series of technology earnings reports this week. The S&P 500 fell on sovereign virus trends on Friday. Treasury yields increased.

The Hong Kong stock market was boosted by an increase of Tencent Holdings Ltd. The internet giant has become one of the main ones target for mainland Chinese traders flooding record amounts of cash in Hong Kong.listed shares this year.

Global stocks are approaching all-time highs as expansionary stimulus worries about additional coronavirus blockages and the irregular deployment of vaccines, which has led to a tougher start to the global economy in 2021 than previously expected.

U.S. lawmakers are vying for the Covid-19 relief plan proposed by President Joe Biden, which proposed $ 1.9 trillion, but investors are still waiting for additional spending to materialize. Traders are too with the hope that Fed Chairman Jerome Powell will ensure after Wednesday’s political meeting that $ 120 billion in monthly bond purchases will not be reduced anytime soon.

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

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

Elsewhere, oil and gold remained stable and Bitcoin was trading at about $ 33,000 after falling last week.

Here are some key events that will be presented next week:

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

These are the main movements in the markets:

Stocks

• Futures S&P 500 rose 0.4% at 2:36 p.m. in Tokyo. The S&P 500 fell 0.3% on Friday.
• Japan’s Topix index changed little.
• The Kospi index of 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%.

Coins

• The Bloomberg Dollar Spot Index has fallen 0.2%.
• The yen stood at 103.69 per dollar, up 0.1%.
• Offshore yuan rose 0.2% to $ 6.4838.
• The euro was $ 1,2181.
• The British pound added 0.2% to $ 1.3714.

Good

• The 10-year Treasury yield stood at 1.09%.

Commodities

• West Texas crude oil was flat at $ 52.29 a barrel.
• Gold changed little, at $ 1,855 an ounce.

– With the assistance of Joanna Ossinger