Stocks edged higher amid promising economic data - Thursday Review, April 15

Stocks edged higher amid promising economic data - Thursday Review, April 15

Strong economic data and corporate earnings kept the momentum alive

The US

Wall Street reached new highs driven by promising data from the Commerce Department and the Department of Labor. USA30 rose 0.90%, closing at a record high. USA500 went up 1.11%, while TECH100 gained 1.3%.

Crude oil lost 0.1% to $63.06 a barrel.

Gold rose 0.6% reaching $1,747.20 per ounce.

Asia and Australia

Japan225 inched down 0.03% after the government reportedly considering multiple prefectures to require stricter COVID-19 measures.

HongKong45 fell 1.04% ahead of the GDP, industrial production, and fixed assets investment data due on Friday.

Down under, Australia200 edged up 0.11%.

Europe

Stocks edged higher as investors enjoyed a fresh round of economic data and corporate earnings. Germany30 and UK100 each traded 0.4% higher. France40 rose 0.2%.

Brent oil fell 0.1% to $66.50 per barrel.

EUR/USD traded flat at 1.1980.

Source: investing.com

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