Martes 23/03/2021 Índice de precios de casas

[admin]

Martes

Eventos económicos

Índice del precio de las casas
Confianza del consumidor
Habla Powell

9 am S&P CoreLogic Case-Shiller home price index (year-over-year) Dec. -- 9.5%
9 am FHFA home price index (year-over-year) Dec. -- 11.0%
10 am Consumer confidence index Feb. 88.8 89.3
10 am Fed Chair Jerome Powell testifies

[admin]

13533.05 -341.41 -2.46
Japan: Nikkei 225 30156.03 138.11 0.46
UK: FTSE 100 6595.33 -16.91 -0.26
Crude Oil Futures 62.09 0.39 0.63
Gold Futures 1809.90 1.50 0.08
Yen 105.24 0.15 0.15
Euro 1.2154

[admin]

50 -30.21 -0.77
China: Shanghai Composite 3636.36 -6.09 -0.17
Japan: Nikkei 225 30156.03 138.11 0.46
UK: FTSE 100 6595.91 -16.33

[admin]

LAST CHG %CHG
Crude Oil Futures 62.12 0.42 0.68
Brent Crude Futures 64.74 0.38 0.59
Gold Futures 1809.30 0.90 0.05
Silver Futures 28.050 -0.035 -0.12
DJIA Futures 31482 16 0.05
S&P 500 Futures 3858.75

[admin]

LAST CHG %CHG
Euro (EUR/USD) 1.2150 -0.0008 -0.07
Japanese Yen (USD/JPY) 105.27 0.18 0.17
U.K. Pound (GBP/USD) 1.4081 0.0016 0.11
Swiss Franc (USD/CHF) 0.9004 0.0045 0.50
Chinese Yuan (USD/CNY) 6.4627 -0.0021 -0.03
U.S. Dollar Index 90.11 0.10 0.

[admin]

Copper February 23,07:39
Bid/Ask 4.0921 - 4.0934
Change +0.0203 +0.50%
Low/High 4.0412 - 4.1627
Charts

Nickel February 23,07:39
Bid/Ask 8.8056 - 8.8079
Change +0.0023 +0.03%
Low/High 8.7602 - 8.9870
Charts

Aluminum February 23,07:39
Bid/Ask 0.9750 - 0.9752
Change -0.0109 -1.10%
Low/High 0.9714 - 0.9888
Charts

Zinc February 23,07:38
Bid/Ask 1.3037 - 1.3044
Change -0.0036 -0.28%
Low/High 1.2960 - 1.3261
Charts

Lead February 23,07:37
Bid/Ask 0.9671 - 0.9677
Change -0.0077 -0.79%
Low/High 0.9605 - 0.9779
Charts

Uranium Feb 15, 2021
Ux U308 price: 28.55
Change from
previous week

[admin]

https://es.finance.yahoo.com/noticias/m ... 30102.html

[admin]

https://es.finance.yahoo.com/noticias/bitcóin-cae-us-50-000-112614276.html

[admin]

https://es.finance.yahoo.com/noticias/m ... 41247.html

[admin]

https://www.wsj.com/articles/home-depot ... 66?mod=mhp

[admin]

https://www.wsj.com/articles/facebook-s ... 67?mod=mhp

[admin]

https://www.wsj.com/articles/global-sto ... 64?mod=mhp

[admin]

Tesla, Palantir, Bitcoin: What to Watch When the Stock Market Opens Today
S&P 500 futures are falling, pointing to a sixth day of declines for the broad-market index

By Updated Feb. 23, 2021 7:57 am ET
Listen to this article

5 minutes

This feature is powered by text-to-speech technology. Want to see it on more articles?
Give your feedback below or email audiofeedback@wsj.com.
Here’s what we’re watching as markets kick into gear on Tuesday.

—U.S. stock futures edged lower as investors awaited Federal Reserve Chairman Jerome Powell’s testimony in Congress on the health of the economy.

Futures tied to the S&P 500 ticked down 0.4%. The benchmark stocks gauge on Monday fell for a fifth consecutive day, its longest losing streak since last February. Contracts for the Nasdaq-100 retreated 1.5%, suggesting technology stocks will continue to lead the market lower. Read our full market wrap here.

What’s Coming Up

—Earnings from Toll Brothers TOL -2.35% and XP XP -7.79% are due after markets close.

—Fed Chairman Jerome Powell will testify before Congress at 10 a.m. ET, providing an overview of the economy and monetary policy. It’s the beginning of a two-day testimony on Capitol Hill. Watch the livestream here.

—A gauge of consumer confidence in the U.S. for the month of February is also slated to be released at 10 a.m. by the Conference Board.

Market Movers to Watch

— Tesla TSLA -8.55% shares declined 6.1% in premarket trading, looking set to fall for the fourth consecutive trading session. It’s currently below its S&P 500 entry price of $695.

— Palantir PLTR -3.45% tumbled 6.2%. Filings showed that one of its co-founders Stephen Cohen and two company officers jointly sold over 2.7 million shares overnight.

—Shares of online entertainment companies fell. Sports-betting company DraftKings DKNG -0.89% is down 3.6% and online pinboard Pinterest PINS -5.72% slipped 4.2%.

—Online shopping websites also slumped. Shopify declined 6.8% and Etsy ETSY -6.23% is also down 4.5%. The online marketplace is set to post earnings in two days.

— Marathon Oil MRO 7.94% rose 3.6%. It released earnings after hours Monday, announcing a quarterly loss that wasn’t as bad as analysts had expected.

—Macy’s rose 3.5% after the department store chain reported earnings that were better than expected and said its digital sales surged over 20%.

—Bitcoin tumbled over 9%. It traded at around $47,800, down from close to $57,000 at its peak on Monday, according to data from Coindesk. The cryptocurrency has largely been on a downturn since Sunday. Tesla CEO Elon Musk tweeted over the weekend “That said, BTC & ETH do seem high lol.”


A Bitcoin digital currency ATM shop in Marseille, France, Jan. 8, 2021.
Photo: nicolas tucat/Agence France-Presse/Getty Images
—Shares of companies that provide services for cryptocurrencies and blockchain also fell. Both Riot Blockchain RIOT -9.21% and Marathon Patent Group MARA -14.24% dropped more than 15%. Shares of online retailer Overstock.com, OSTK -6.25% which allows payments in bitcoin, fell 8%. Silvergate Capital, a bank based in La Jolla, Calif. that has for several years served crypto firms as a core part of its business, saw shares decline 8% as well. Square, a payments company that spent $50 million on bitcoin in the autumn, fell 4.5%.

—Resort and hotel companies’ shares are rising. Marriott International MAR 4.61% is up 2.5%, MGM Resorts International rose 1.4% and Wynn Resorts WYNN 2.50% nearly 2% in premarket trading.

— Home Depot HD -1.36% slipped nearly 3% after the company said it couldn’t provide full-year guidance for 2021 given uncertainties from the pandemic in its latest earnings report. It reported profit and revenue that beat expectations and also raised its dividend.

The spread between the 2-year Treasury yield and a key interest rate set by the Federal Reserve is trading at all-time lows, a sign that many bond investors say points to excess cash coursing through the financial system.

Market Fact

Front-month ICE Brent crude oil futures for delivery in April have risen over 19% in the month of February.

[admin]

https://www.wsj.com/articles/questions- ... 58?mod=mhp

[admin]

Powell says inflation is still ‘soft’ and the Fed is committed to current policy stance
PUBLISHED TUE, FEB 23 202110:00 AM EST
Jeff Cox
@JEFF.COX.7528
@JEFFCOXCNBCCOM
Fed Chairman Jerome Powell characterized inflation as “soft” for the most part and said the employment picture still needs help.
In a speech to members of Congress, Powell did not address the recent surge in government bond yields.
The pandemic has “left a significant imprint on inflation” and it price pressures are not a threat now, he said.
US Federal Reserve Bank Chairman Jerome Powell speaks at a press conference in Washington, DC, on December 11, 2019.
US Federal Reserve Bank Chairman Jerome Powell speaks at a press conference in Washington, DC, on December 11, 2019.
Eric Baradat | AFP | Getty Images
Inflation and employment remain well below the Federal Reserve’s goals, meaning easy monetary policy is likely to stay in place, central bank Chairman Jerome Powell said Tuesday.

Despite a sharp rise this year in bond yields that has accompanied heightened concern over inflation, Powell said price pressures remain mostly muted and the economic outlook is still “highly uncertain.”


“The economy is a long way from our employment and inflation goals, and it is likely to take some time for substantial further progress to be achieved,” the Fed chief said in prepared remarks for the Senate Finance Committee.

He added that the Fed is “committed to using our full range of tools to support the economy and to help ensure that the recovery from this difficult period will be as robust as possible.”

However, the speech did not mention the market’s most pressing concern: the jump in 2021 of longer-duration government bond yields to levels not seen since before the Covid-19 pandemic. The 30-year bond, for instance, is up more than half a percentage point and the benchmark 10-year yield has risen 44 basis points.

Powell noted that the pandemic “has also left a significant imprint on inflation” and on balance it is not a threat to the economy.

“Following large declines in the spring, consumer prices partially rebounded over the rest of last year. However, for some of the sectors that have been most adversely affected by the pandemic, prices remain particularly soft,” he said. “Overall, on a 12-month basis, inflation remains below our 2 percent longer-run objective.”

The Fed last year revised its approach to inflation. In the past, it would levy preventive rate hikes when it saw unemployment drop, thinking that a stronger job market would push up prices.

Now, it has adopted an approach in which it will allow inflation to average above 2% for a period of time before moving to tighten policy.

“This change means that we will not tighten monetary policy solely in response to a strong labor market,” Powell said.

‘Improved outlook’ ahead

As for the rest of his economic assessment, Powell was cautionary, saying that even while gains have remained “uneven and far from complete,” the recent drop in coronavirus cases and the continued rollout of vaccines is offering hope.

“While we should not underestimate the challenges we currently face, developments point to an improved outlook for later this year. In particular, ongoing progress in vaccinations should help speed the return to normal activities,” he said. “In the meantime, we should continue to follow the advice of health experts to observe social-distancing measures and wear masks.”

Consumer behavior also presents a dichotomy, with spending on goods strong, as evidenced by blockbuster January retail sales, but spending on services still weak while many bars, restaurants and hotels across the country operate at limited capacity.

Powell also noted disparities in employment gains, saying that Blacks, Hispanics and other minorities are still struggling even as the unemployment rate has fallen from a pandemic high of 14.8% to the current 6.3%.

He also noted that the housing sector “has more than fully recovered from the downturn, while business investment and manufacturing production have also picked up.” Aggressive policy from both the Fed and Congress were big factors in the recovery, Powell added.