Global markets ended the day with decreases, as new measures, which came to the agenda due to the increasing number of Covid-19 cases, triggered concerns about the recovery in the economy.
While the number of Covid-19 cases worldwide approached 56 million, the measures are tightened across the world, especially in the USA and Europe. It was especially important that the Federal Reserve Governor Jerome Powell stated that the increase in Covid-19 cases was a concern for economic recovery.
Moreover, Powell stated that the economy needs financial and monetary support. After the retail sales data announced in the USA remained well below the expectations, the weak image on the indices increased. Following these developments, the S&P 500 index lost 0.48 percent and the Nasdaq index decreased 0.21 percent with the profit realization in the indices, while the Dow Jones index ended the day with a 0.56 percent decline.
On the other hand, the news flow regarding the Covid-19 outbreak and vaccine studies leads to the partial preservation of the risk appetite in the markets.
Boeing (NYSE:BA) Co., Salesforce.com Inc (NYSE:CRM)., Merck & Company Inc (NYSE:MRK). are the best performers of the session was Walgreens Boots Alliance (NASDAQ:WBA) Inc. recorded as the worst performed stock.
This weak was also followed by Home Depo., Inc., American Express Company (NYSE:AXP). After all these developments, it is seen that the index, which forced down the 29.583 level with its return from the 30.150 level, is again attacking the 30.000 level. Especially at the close of the Dow Jones index above 30.150, we follow the rises within the framework of 30.800 and 31.500 resistance levels. In a possible unwinding movement of the index, if the first transition point of 29,583 is below this level, we follow the support of 28,900.