The latest report regarding the country's state of #unemployment was a hard pill to swallow for the markets. USA30 fell 1.45%. USA500 went down 1.77%, while TECH100 slumped 2%.
Oil lost 2% and traded at $37.30 per barrel, while Brent settled 1.8% lower at $40.06 after the Energy Information Administration (EIA) reported a 2 million barrels increase in crude inventories.
Gold gained $9.40 and settled at $1,964.30 per ounce.
Asia and Australia
As the number of #COVID-19 infections starts to decrease, the governments are looking to ease the restrictions.
Japan225 rose 0.49%, despite the disagreement between the Defense Minister and the Chief Cabinet Secretary regarding the state of elections.
HongKong45 lost 0.30% after rumors that ByteDance won’t get an extension of the deadline set by the Trump Administration have emerged.
Down under, Australia200 was up 0.39%.
A combination between a resurgence of COVID-19 cases and the outcome of the #European Central Bank meeting made the European equities slip. Europe50 lost 0.6%, while UK100 was down 0.2%.
France40 fell 0.3%.
EUR/USD gained 0.1% to 1.1818.
Read all about the unemployment claims here!
Sources: investing.com, reuters.com