Stocks mixed amid economic readings - Thursday Review, February 18

By: Miguel A. Rodriguez

10:30, 19 February 2021

1613722988.png
Markets are focusing on a global economic recovery

The US

Wall Street edged lower as an unexpected rise in the number of weekly unemployment claims hinted at a fragile recovery in the labor market. USA30 lost 0.38%, and USA500 traded 0.44% lower. TECH100 dropped 0.72%.

Crude oil traded 0.6% higher at $61.52 a barrel.

Gold closed at $1,785.75 per ounce after it gained 0.7%.

 

Asia and Australia

Most markets were boosted by the fact that the COVID-19 vaccines rollouts will lead to an increase in economic growth. HongKong45 was down 0.52%.

Japan225 added 0.27%.

Down under, Australia200 gained 0.32%.

 

Europe

Stocks mostly rallied as investors continued to focus on corporate earnings. Germany30 and France40 went up 0.3%, and 0.2%, respectively. UK100 lost 0.1%.

Brent oil rose 0.8% to $64.85 per barrel.

EUR/USD traded 0.2% higher at 1.2064.

 

Source: investing.com

Share this article

The information presented herein is prepared by CAPEX.com/eu and does not intend to constitute Investment Advice. The information herein is provided as a general marketing communication for information purposes only and as such it has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is not subject to any prohibition on dealing ahead of the dissemination of investment research.                                                                                                                            Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience, or current financial situation.Therefore, Key Way Investments Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance and forecasts are not reliable indicators of future results.