The rapid resurge of infections made most markets close in the red

09:13, 23 December 2020

Markets worried over the latest strain of COVID-19 - Tuesday Review, December 22

President Trump was not happy with the latest stimulus. Markets were shaken by the idea of not receiving the much-needed aid

The US

Benchmarks closed lower as President Trump threatened not to sign the bill regarding the $900 billion stimulus package.

USA30 fell 0.67%, while USA500 lost 0.21%. TECH100 went up 0.51%.

Crude oil traded 1.02% lower at $47.48 a barrel.

Gold lost 0.80% to $1,867.75 per ounce.

Asia and Australia

The stocks closed in the red as the new strain of COVID-19 is threatening to trigger new lockdowns and restrictions.

Japan225 slipped 0.45%.

HongKong45 fell 0.33%.

Down under, Australia200 inched 0.95% lower.

Europe

Germany30 added 1.29%, while UK100 gained 0.6% even though the rapid spread of the mutant form of COVID-19 led to more stringent restrictions.

Brent oil lost 0.84% and traded at $50.48 per barrel.

EUR/USD was down 0.51% at 1.2179.

GBP/USD was 0.8% lower at 1.3358.

Sources: marketwatch.com, investing.com

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