The Dow Jones ended up yielding 0.29% to 31,008.69 points, after having touched an all-time high on 31,193.40 points on Friday.
For its part, the Standard & Poor’s 500 fell 0.66% to 3,799.61 points, after having reached the highest value in its history in the last session, at 3,826.69 points.
The technological Nasdaq Composite depreciated 1.25% to 13,036.43 points. In Friday’s intraday trading it set a new record, at 13,208.09 points.
The “blue wave” in the USA, after the Democrats regained control of the Senate, will make new fiscal stimulus in the country easier and has helped the negotiation enthusiasm, but today investors have chosen prudence, while evaluating the events in Washington after the attack on the Capitol last week by supporters of Donald Trump.
Tomorrow, the House of Representatives votes to urge Vice President Mike Pence to support Trump’s withdrawal from power before January 20, the day of Joe Biden’s inauguration. If it happens, it will be Pence who will assume the presidency for the remaining days until the new Administration enters.
Some investors fear that the approval of new stimuli may be delayed, at a time when the lower house of Congress presented a resolution with a view to Trump’s “impeachment”, accusing him of inciting insurrection due to the violent attack on the Capitol.
On the other hand, on Friday the fourth quarter results release season starts and investors are already analyzing the prospects. The kick-off in the presentation of accounts will be given by the bank, with emphasis on JPMorgan.
Source: Jornal de Negócios by www.jornaldenegocios.pt.
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