Stocks ended higher despite pandemic, and US stimulus bill news
The US
Despite the significant number of unemployment claims and President Trump’s reluctance to sign the $900 billion stimulus bill, the day ended mostly on a high note for the country’s benchmarks. USA30 added 0.38%, while USA500 was up 0.07%. TECH100 lost 0.29%.
Crude oil rose 1.98%, hitting $47.95 per barrel.
Gold was up 0.4% at $1,878.10 per ounce.
Asia and Australia
The markets closed higher even though the number of COVID-19 cases increased in the past week, and the lockdown restrictions will be in force until the end of the year.
Japan225 edged up 0.12%.
HongKong45 added 0.07%
Down under, Australia200 went up 0.54%.
Europe
Brexit being close to an end led to the second consecutive day of gains for stocks on the Old Continent. Europe50 rose 0.3%, while Germany30 gained 1.30%.
Brent oil went up 1.94%, trading at $51.05 a barrel.
EUR/USD traded 0.27% higher at 1.2194.
Read here about the latest US unemployment claims report!
Sources: investing.com, reuters.com
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