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09:23, 10 February 2021

Markets mixed after strong rally - Tuesday Review, February 9

Mixed investors feeling amid fiscal stimulus and COVID-19-related developments

The US

Investors remained on guard on fiscal stimulus hopes, with optimism rising over vaccine rollouts and decreased COVID-19 infections. USA30 fell 0.03%, while USA500 went down 0.08%. TECH100 went up 0.14%, marking another record high closing.

Crude oil rose 0.74% trading at $58.40 per barrel.

Gold was up 0.16% at $1,837.10 per ounce.

The Dollar Index traded at 90.442.

Asia and Australia

Stocks followed their American peers, focusing on the upcoming fiscal stimulus, and Jerome Powell’s speech due on Wednesday.

Japan225 was up 0.24%.

HongKong45 closed 0.29% lower.

Down under, Australia200 fell 0.54%.

USD/JPY lost 0.62% to 104.57.

Europe

Markets edged lower, even though the energy sector outperform, with Total leading the way. Germany30 lost 0.5% even though the economic reading showed that its exports rose in December 2020. UK100 and France40 each lost 0.1%.

Brent oil rose 0.76%, reaching $61.16 per barrel.

EUR/USD traded at 1.2117 after it gained 0.57%.

Read here more about Total!

Sources: marketwatch.com, investing.com

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