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Stocks mixed amid COVID-related meetings in Europe - Thursday Review, March 25

Miguel A. Rodriguez
Miguel A. Rodriguez
26 March 2021
The US markets gained ground as an economic recovery is in sight

The US

Wall Street shrug off some of this week's losses as it closed in the green. The momentum was boosted by the Labor Department's positive data, which showed that the number of unemployment claims dropped to a one-year low. USA30 gained 0.62%, and USA500 went up 0.52%. TECH100 added 0.12%.

Crude oil traded 1.9% lower at $60.02 per barrel.

The Dollar Index reached its highest point since November 2020, trading at 92.697.

Gold lost 0.1% to $1,730.75 per ounce.


Asia and Australia

HongKong45 lost 0.22% after the city's administration put on hold the usage of BioNTech SE/Pfizer Inc "until further notice" as manufacturing defects are under investigation.

Japan225 went up 0.71%.

Down under, Australia200 edged up 0.12%.



Stocks traded in a mixed manner, as the focus was on the virtual meeting between EU leaders discussing the third wave of COVID-19 infections. Germany30 lost 0.1%, while France40 traded 0.1% lower, both recently tightening restrictions to curb the spread. UK100 went up 0.2%.

Brent oil fell 1.6% to $63.36 a barrel.

EUR/USD traded at 1.1804 after it lost 1.1804.







Miguel A. Rodriguez
Miguel A. Rodriguez

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.