Stocks broke their multi-day winning streak
Wall Street lost some ground, with two major indexes pulling back from record highs in a broad sell-off driven by uncertainties surrounding the pace of the US economic recovery. USA30 fell 0.75%, and USA500 lost 0.86%. TECH100 dropped 0.72%.
Crude oil traded 1.5% lower at $71.12 a barrel.
Gold rose 0.2% to $1,806.15 per ounce.
Asia and Australia
Markets were mostly down as the number of COVID-19 started to increase in the region. Moreover, the minutes from the US Fed’s June meeting didn’t provide the expected outlook. Japan225 fell 0.70% ahead of a decision on declaring a fresh state of emergency that is expected to start on July 12 until August 22.
HongKong45 slid 1.92%.
Down under, Australia200 was up 0.28%.
Brent oil lost 1.4% trading at $72.44 per barrel.
EUR/USD added 0.2% to 1.1814.
Sources: investing.com, reuters.com
This information is prepared for general circulation. It does not have regard to the specific investment objectives, financial situation or the particular needs of any recipient.
You should independently evaluate each financial product and consider the suitability of such a financial product, by taking into account your specific investment objectives, financial situation or particular needs, and by consulting an independent financial adviser as needed, before dealing in any financial products mentioned in this document.
This information may not be published, circulated, reproduced or distributed in whole or in part to any other person without the Company’s prior written consent.
Past performance is not always indicative of likely or future performance. Any views or opinions presented are solely those of the author and do not necessarily represent those of sc.capex.com