Oil prices remained high thanks to China’s stamping out its latest COVID-19 outbreak and easing fuel demand concerns
Wall Street gained ground, with chipmakers and financials helping indices to close at record highs. Investors were looking for the upcoming Jackson Hole Symposium. USA30 rose 0.11%, and USA500 gained 0.22%. TECH100 added 0.15%.
Crude oil traded 0.1% lower at $67.52 a barrel.
Gold fell 0.8% to $1,794.35 per ounce.
Asia and Australia
Markets were up, thanks to the US’ counterparts rally, which recorded a solid end to the previous session. Japan225 was up 0.36%.
HongKong45 gained 0.66%.
Down under, Australia200 traded 0.28% higher.
Brent oil fell 0.1% to $70.36 per barrel.
EUR/USD traded at 1.1740 after it lost 0.1%.
Sources: investing.com, reuters.com
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