Countries start reimposing COVID-19-related lockdowns - Tuesday Review, June 29

By: Miguel A. Rodriguez

12:30, 30 June 2021

Fears over Delta COVID-19 variant caused investors to be cautious

The US

Tech stocks eked out another record as strength in this segment kept the broader market above water even after solid earnings from bank stocks. USA30 gained 0.03%, while USA500 closed to an all-time high of 4,291.80 after it added 0.02%. TECH100 was up 0.19% to a record of 14,528.33.

Crude oil rose 0.51%, hitting $73.28 per barrel.

Gold was down 1.02% to $1,762.45 a troy ounce.

The Dollar Index traded 0.14% higher at 92.007.


Asia and Australia

Japan225 fell 0.87% after data released earlier in the day showed that retail sales grew better than expected 8.9% year-on-year in May.

Down under, Australia200 fell 0.73% after Perth became the third city to impose a lockdown thanks to the Delta variant of COVID-19.

HongKong45 traded 0.47% lower. The city administration announced that it would ban flights from the "extremely high risk" UK due to the latter's latest COVID-19 outbreak. 



The gains reported in the homebuilders' sector pushed UK100 0.2% higher. Germany30 rose 0.88%, while France40 gained 0.14%.

Brent oil added 0.49% to $74.50 a barrel.

EUR/USD was down 0.15% to 1.1906.


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This information/research prepared by Miguel A. Rodriguez does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided.