Stocks traded in a mixed manner, driven by lower interest rates and economic data
Wall Street closed lower as inflation jitters drove investors away, causing indices to snap a multi-day streak of record closing highs. USA30 fell 0.1%, while USA500 lost 1.04%. TECH100 dropped 2.55%.
Crude oil added 0.7%, reaching $65.34 per barrel, after a cyber-attack on a US pipeline operator caused oil and gas prices to jump.
Gold rose 0.2% to $1,835.50 an ounce.
The Dollar Index traded at 90.058 after it lost 0.18%.
Asia and Australia
Stocks were up over mounting expectations that interest rates will remain low, thanks to inflationary pressure. HongKong45 was up 0.59%.
Japan225 gained 0.80%.
Down under, Australia200 rose 1.02% after data showed that the National Australia Bank (NAB) Business Confidence Index figures came in better-than-expected in April.
Markets were mostly down, even though the commodity prices surged, and investors were optimistic regarding the reopening of economies. Germany30 traded 0.2% lower, while France40 fell 0.1%. UK100 reached a 52-week high after it went up 0.2%.
Brent oil rose 0.7% to $68.73 a barrel.
EUR/USD traded at 1.2148 after it lost 0.1%.
Sources: investing.com, reuters.com
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