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US indices finished yesterday’s trading lower. S&P 500 closed 0.08% lower, Dow Jones dropped 0.48% and Nasdaq declined 0.28%. Russell 2000 gained 0.13%
Stocks in Asia are trading higher. Nikke and S&P/ASX 200 gained 0.2%, Kospi trades flat and indices from China advance
DAX futures point to a slightly higher opening of the European session
FOMC left monetary policy settings unchanged. Powell said that while US economy has improved, it is still too early to withdraw pandemic support
US President Biden presented his infrastructure deal to the Congress and proposed to finance it with tax increases on the wealthy. There was no major market reaction to the event
According to Washington Post, Biden administration is considering removing some of Trump’s sanctions on Iran in order to progress nuclear talks
United States will deliver supplies worth $100 million to India to help combat pandemic in the country
Apple (AAPL.US) reported Q1 revenue of $89.58 billion (exp. $77.3 billion) and EPS of $1.40 (exp. $0.99). Solid results were driven by high demand for iPhones and other devices. Apple said that semiconductor shortages start to negatively impact Mac and iPad sales
Facebook (FB.US) shares jumped in after-hours trading after the company reported Q1 results. Revenue came in at $26.2 billion (exp. $23.7 billion) while number of monthly active users reached 2.85 billion (exp. 2.83 billion). EPS reached $3.30 (exp. $2.34)
Bitcoin tested $53,000 mark this morning
Precious metals, industrial metals, oil and agricultural goods are trading higher
GBP is the best performing major currency while JPY lags the most
Gold benefits from post-FOMC USD weakening. Precious metal recovers from a recent, brief pullback and looks towards recent local high at $1,795.