{"id":293521,"date":"2021-02-08T23:53:46","date_gmt":"2021-02-08T12:53:46","guid":{"rendered":"https:\/\/www.gomarketingteam.com\/articles\/overnight-on-wall-street-tuesday-09-february-2021\/"},"modified":"2021-02-19T12:12:54","modified_gmt":"2021-02-19T01:12:54","slug":"overnight-on-wall-street-tuesday-09-february-2021","status":"publish","type":"post","link":"https:\/\/www.gomarkets.com\/en\/daily-news\/overnight-on-wall-street-tuesday-09-february-2021\/","title":{"rendered":"Overnight on Wall Street: Tuesday 09 February 2021"},"content":{"rendered":"<p><strong>By Lachlan Meakin<\/strong><\/p>\n<h4><strong>Equity markets<\/strong><\/h4>\n<p><span style=\"font-weight: 400;\">US Equity markets rallied strongly last night with the Dow Jones jumping more than 200 points to hit another record. The 6 day winning streak has seen the Dows best upward run since August last year as investors remained optimistic about further Covid stimulus and economic recovery in the US.<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">Dow jones up 237 (0.76%)<\/span><\/li>\n<li><span style=\"font-weight: 400;\">NASDAQ up 131 (0.95%)<\/span><\/li>\n<li>S&amp;P 500 up 28.76 (0.74%)<\/li>\n<\/ul>\n<p><img loading=\"lazy\" class=\"alignnone size-full wp-image-271357\" src=\"https:\/\/www.gomarkets.com\/au\/wp-content\/uploads\/2021\/02\/Picture3_090221.png\" alt=\"\" width=\"601\" height=\"209\" \/><br \/>\nSource: Google Finance<\/p>\n<p><span style=\"font-weight: 400;\">Corporate earnings tonight in the US includes Twitter (TWTR)\u00a0 who\u2019ll be looking to continue the impressive earnings reports of the other tech heavyweights who have gone before.<\/span><\/p>\n<h4><b>Commodities <\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Commodity prices also rallied with renewed optimism in the global economic recovery. Industrial metals copper and iron ore both had moves to the upside.<\/span><\/p>\n<h5><strong>Oil<\/strong><\/h5>\n<p><span style=\"font-weight: 400;\">Both UK crude (Brent)\u00a0 and US crude (WTI) rose to levels not seen since the start of the COVID inspired route in early 2020.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With signs the global economy is recovering well,a rising oil demand along with a hawkish OPEC oil prices have continued their strong uptrend.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A Goldman Sachs research note has called Brent to be trading at $65 per barrel by mid year.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Goldman&#8217;s global head of commodities research, Jeffrey Currie, said in a note that accompanied the report:<\/span><\/p>\n<p style=\"text-align: center;\"><i><span style=\"font-weight: 400;\">\u00a0\u201cWith vaccines being rolled out across the world, the likelihood of a fast tightening market from 2Q 2021 is rising as the rebound in demand stresses the ability of producers to restart production.&#8221;<\/span><\/i><\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-full wp-image-271387\" src=\"https:\/\/www.gomarkets.com\/au\/wp-content\/uploads\/2021\/02\/Picture1_090221.png\" alt=\"\" width=\"602\" height=\"338\" \/><\/p>\n<h4><strong>Bitcoin<\/strong><\/h4>\n<p><span style=\"font-weight: 400;\">Bitcoin was back in the news last night blowing past the high set back in January to be over $45,000 USD at the time of writing.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This came on the back of Tesla Inc. investing $1.5 billion in Bitcoin and signalling its intent to begin accepting the token as a form of payment.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This announcement lends Bitcoin increased legitimacy as corporations and financial institutes continue to treat the cryptocurrency as a serious asset class.<\/span><\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-full wp-image-271372\" src=\"https:\/\/www.gomarkets.com\/au\/wp-content\/uploads\/2021\/02\/Picture2_090221.png\" alt=\"\" width=\"602\" height=\"338\" \/><\/p>\n<p><strong>By Lachlan Meakin<\/strong><\/p>\n<table style=\"height: 171px;\" border=\"1\">\n<tbody>\n<tr style=\"height: 75px;\">\n<td style=\"text-align: center; width: 728px; height: 75px;\" colspan=\"7\"><strong>Wednesday, 10 February 2021<\/strong><strong style=\"font-family: inherit; font-size: inherit;\">\u00a0<\/strong><strong><br \/>\n<\/strong>Indicative Index Dividends<br \/>\n<em><sup>Dividends are in Points<\/sup><\/em><\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 104px; height: 10px;\" width=\"100\"><strong>ASX200<\/strong><\/td>\n<td style=\"width: 104px; height: 10px;\" width=\"100\"><strong>WS30<\/strong><\/td>\n<td style=\"width: 103px; height: 10px;\" width=\"100\"><strong>US500<\/strong><\/td>\n<td style=\"width: 101px; height: 10px;\" width=\"100\"><strong>US2000<\/strong><\/td>\n<td style=\"width: 108px; height: 10px;\" width=\"100\"><strong>NDX100<\/strong><\/td>\n<td style=\"width: 104px; height: 10px;\" width=\"100\"><strong>CAC40<\/strong><\/td>\n<td style=\"width: 104px; height: 10px;\" width=\"100\"><strong>STOXX50<\/strong><\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 104px; height: 24px;\" width=\"100\">0.061<\/td>\n<td style=\"width: 104px; height: 24px;\" width=\"100\">0<\/td>\n<td style=\"width: 103px; height: 24px;\" width=\"100\">0.097<\/td>\n<td style=\"width: 101px; height: 24px;\" width=\"100\">0.055<\/td>\n<td style=\"width: 108px; height: 24px;\" width=\"100\">0<\/td>\n<td style=\"width: 104px; height: 24px;\" width=\"100\">0<\/td>\n<td style=\"width: 104px; height: 24px;\" width=\"100\">0<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 104px; height: 10px;\" width=\"100\"><strong>ESP35<\/strong><\/td>\n<td style=\"width: 104px; height: 10px;\" width=\"100\"><strong>ITA40<\/strong><\/td>\n<td style=\"width: 103px; height: 10px;\" width=\"100\"><strong>FTSE100<\/strong><\/td>\n<td style=\"width: 101px; height: 10px;\" width=\"100\"><strong>DAX30<\/strong><\/td>\n<td style=\"width: 108px; height: 10px;\" width=\"100\"><strong>HK50<\/strong><\/td>\n<td style=\"width: 104px; height: 10px;\" width=\"100\"><strong>JP225<\/strong><\/td>\n<td style=\"width: 104px; height: 10px;\" width=\"100\"><strong>INDIA50<\/strong><\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"width: 104px; height: 24px;\" width=\"100\">0<\/td>\n<td style=\"width: 104px; height: 24px;\" width=\"100\">0<\/td>\n<td style=\"width: 103px; height: 24px;\" width=\"100\">0<\/td>\n<td style=\"width: 101px; height: 24px;\" width=\"100\">0<\/td>\n<td style=\"width: 108px; height: 24px;\" width=\"100\">0<\/td>\n<td style=\"width: 104px; height: 24px;\" width=\"100\">0<\/td>\n<td style=\"width: 104px; height: 24px;\" width=\"100\">0<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><a href=\"\/forex-education-courses\/\" target=\"_blank\" rel=\"noopener noreferrer\"><br \/>\n<img loading=\"lazy\" class=\"alignnone\" src=\"https:\/\/www.gomarkets.com\/wp-content\/uploads\/2019\/02\/Next-Steps-Blog-Bottom-Banner.jpg\" alt=\"\" width=\"942\" height=\"122\" \/><\/a><\/p>\n<p style=\"font-weight: 400;\"><em>Disclaimer: The articles are from GO Markets analysts, \u00a0based on their independent analysis or personal experiences. Views or opinions or trading styles expressed are of their own; \u00a0should not be taken as either representative of or shared by GO Markets. \u00a0Advice (if any), \u00a0are of a \u2018general\u2019 nature and not based on your personal objectives, financial situation or needs.\u00a0 You should therefore consider how appropriate the advice (if any) is to your objectives, financial situation and needs, before acting on the advice. \u00a0If the advice relates to acquiring a particular financial product, you should obtain and consider the Product Disclosure Statement (PDS) and Financial Services Guide (FSG) for that product before making any decisions.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Lachlan Meakin Equity markets US Equity markets rallied strongly last night with the Dow Jones jumping more than 200 points to hit another record. The 6 day winning streak has seen the Dows best upward run since August last year as investors remained optimistic about further Covid stimulus and economic recovery in the US. [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[129],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Overnight on Wall Street: Tuesday 09 February 2021 - GO Markets<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.gomarkets.com\/en\/daily-news\/overnight-on-wall-street-tuesday-09-february-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Overnight on Wall Street: Tuesday 09 February 2021 - GO Markets\" \/>\n<meta property=\"og:description\" content=\"By Lachlan Meakin Equity markets US Equity markets rallied strongly last night with the Dow Jones jumping more than 200 points to hit another record. The 6 day winning streak has seen the Dows best upward run since August last year as investors remained optimistic about further Covid stimulus and economic recovery in the US. [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.gomarkets.com\/en\/daily-news\/overnight-on-wall-street-tuesday-09-february-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"GO Markets\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-08T12:53:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-02-19T01:12:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.gomarkets.com\/au\/wp-content\/uploads\/2021\/02\/Picture3_090221.png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"GO Markets Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.gomarkets.com\/#website\",\"url\":\"https:\/\/www.gomarkets.com\/\",\"name\":\"GO Markets\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.gomarkets.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.gomarkets.com\/en\/daily-news\/overnight-on-wall-street-tuesday-09-february-2021\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.gomarkets.com\/au\/wp-content\/uploads\/2021\/02\/Picture3_090221.png\",\"contentUrl\":\"https:\/\/www.gomarkets.com\/au\/wp-content\/uploads\/2021\/02\/Picture3_090221.png\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.gomarkets.com\/en\/daily-news\/overnight-on-wall-street-tuesday-09-february-2021\/#webpage\",\"url\":\"https:\/\/www.gomarkets.com\/en\/daily-news\/overnight-on-wall-street-tuesday-09-february-2021\/\",\"name\":\"Overnight on Wall Street: Tuesday 09 February 2021 - GO Markets\",\"isPartOf\":{\"@id\":\"https:\/\/www.gomarkets.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.gomarkets.com\/en\/daily-news\/overnight-on-wall-street-tuesday-09-february-2021\/#primaryimage\"},\"datePublished\":\"2021-02-08T12:53:46+00:00\",\"dateModified\":\"2021-02-19T01:12:54+00:00\",\"author\":{\"@id\":\"https:\/\/www.gomarkets.com\/#\/schema\/person\/9266d5820f18db0b0ab0f5f02f411df6\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.gomarkets.com\/en\/daily-news\/overnight-on-wall-street-tuesday-09-february-2021\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.gomarkets.com\/en\/daily-news\/overnight-on-wall-street-tuesday-09-february-2021\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.gomarkets.com\/en\/daily-news\/overnight-on-wall-street-tuesday-09-february-2021\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.gomarkets.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Overnight on Wall Street: Tuesday 09 February 2021\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.gomarkets.com\/#\/schema\/person\/9266d5820f18db0b0ab0f5f02f411df6\",\"name\":\"GO Markets Team\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.gomarkets.com\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/29c27447828f5fa6c40d406c36a7786a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/29c27447828f5fa6c40d406c36a7786a?s=96&d=mm&r=g\",\"caption\":\"GO Markets Team\"},\"url\":\"https:\/\/www.gomarkets.com\/en\/author\/marketing\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Overnight on Wall Street: Tuesday 09 February 2021 - GO Markets","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.gomarkets.com\/en\/daily-news\/overnight-on-wall-street-tuesday-09-february-2021\/","og_locale":"en_US","og_type":"article","og_title":"Overnight on Wall Street: Tuesday 09 February 2021 - GO Markets","og_description":"By Lachlan Meakin Equity markets US Equity markets rallied strongly last night with the Dow Jones jumping more than 200 points to hit another record. The 6 day winning streak has seen the Dows best upward run since August last year as investors remained optimistic about further Covid stimulus and economic recovery in the US. [&hellip;]","og_url":"https:\/\/www.gomarkets.com\/en\/daily-news\/overnight-on-wall-street-tuesday-09-february-2021\/","og_site_name":"GO Markets","article_published_time":"2021-02-08T12:53:46+00:00","article_modified_time":"2021-02-19T01:12:54+00:00","og_image":[{"url":"https:\/\/www.gomarkets.com\/au\/wp-content\/uploads\/2021\/02\/Picture3_090221.png"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"GO Markets Team","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/www.gomarkets.com\/#website","url":"https:\/\/www.gomarkets.com\/","name":"GO Markets","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.gomarkets.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","@id":"https:\/\/www.gomarkets.com\/en\/daily-news\/overnight-on-wall-street-tuesday-09-february-2021\/#primaryimage","inLanguage":"en-US","url":"https:\/\/www.gomarkets.com\/au\/wp-content\/uploads\/2021\/02\/Picture3_090221.png","contentUrl":"https:\/\/www.gomarkets.com\/au\/wp-content\/uploads\/2021\/02\/Picture3_090221.png"},{"@type":"WebPage","@id":"https:\/\/www.gomarkets.com\/en\/daily-news\/overnight-on-wall-street-tuesday-09-february-2021\/#webpage","url":"https:\/\/www.gomarkets.com\/en\/daily-news\/overnight-on-wall-street-tuesday-09-february-2021\/","name":"Overnight on Wall Street: Tuesday 09 February 2021 - GO Markets","isPartOf":{"@id":"https:\/\/www.gomarkets.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.gomarkets.com\/en\/daily-news\/overnight-on-wall-street-tuesday-09-february-2021\/#primaryimage"},"datePublished":"2021-02-08T12:53:46+00:00","dateModified":"2021-02-19T01:12:54+00:00","author":{"@id":"https:\/\/www.gomarkets.com\/#\/schema\/person\/9266d5820f18db0b0ab0f5f02f411df6"},"breadcrumb":{"@id":"https:\/\/www.gomarkets.com\/en\/daily-news\/overnight-on-wall-street-tuesday-09-february-2021\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.gomarkets.com\/en\/daily-news\/overnight-on-wall-street-tuesday-09-february-2021\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.gomarkets.com\/en\/daily-news\/overnight-on-wall-street-tuesday-09-february-2021\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.gomarkets.com\/en\/"},{"@type":"ListItem","position":2,"name":"Overnight on Wall Street: Tuesday 09 February 2021"}]},{"@type":"Person","@id":"https:\/\/www.gomarkets.com\/#\/schema\/person\/9266d5820f18db0b0ab0f5f02f411df6","name":"GO Markets Team","image":{"@type":"ImageObject","@id":"https:\/\/www.gomarkets.com\/#personlogo","inLanguage":"en-US","url":"https:\/\/secure.gravatar.com\/avatar\/29c27447828f5fa6c40d406c36a7786a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/29c27447828f5fa6c40d406c36a7786a?s=96&d=mm&r=g","caption":"GO Markets Team"},"url":"https:\/\/www.gomarkets.com\/en\/author\/marketing\/"}]}},"_links":{"self":[{"href":"https:\/\/www.gomarkets.com\/en\/wp-json\/wp\/v2\/posts\/293521"}],"collection":[{"href":"https:\/\/www.gomarkets.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gomarkets.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gomarkets.com\/en\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gomarkets.com\/en\/wp-json\/wp\/v2\/comments?post=293521"}],"version-history":[{"count":0,"href":"https:\/\/www.gomarkets.com\/en\/wp-json\/wp\/v2\/posts\/293521\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.gomarkets.com\/en\/wp-json\/wp\/v2\/media?parent=293521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gomarkets.com\/en\/wp-json\/wp\/v2\/categories?post=293521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gomarkets.com\/en\/wp-json\/wp\/v2\/tags?post=293521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}