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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