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19Jan2021 Midday Update: Wall Street Advances On Yellen Testimony, DOW Up 130 Points, Nasdaq Up +1.0%, Bitcoin Advances 37,250

Peloton Stock Is Under Pressure as UBS Says to Sell (SPY +0.6%). Goldman earnings top estimates and oil rises on expectations of big US Stimulus package.
Here is the current market situation from CNN Money
North and South American markets are mixed. The S&P 500 is higher by 0.66%, while the IPC is leading the Bovespa lower. They are down 1.82% and 0.71% respectively.
What Is Moving the Markets
Here are the headlines moving the markets.
Oil Rises On Expectations Of Big U.S. Stimulus Package
Oil prices shook off the risk-off trade on Monday and rose early on Tuesday, amid expectations that U.S. Treasury Secretary nominee Janet Yellen will push for a large relief package to support the U.S. economic recovery. As of 10:39 a.m. ET on Tuesday, WTI Crude prices were up 0.92 percent at $52.80 and Brent Crude was trading up 1.92 percent at $55.80. A weaker U.S. dollar also helped the rise in crude oil prices. The dollar slipped from a one-month high early on Tue ....

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