Though the increase in the number of infections scares investors, the benchmarks seem determined to end the month on a positive note: USA30 added 2.3%. USA500 advanced 1.5%, while TECH100 gained 1.2%.
Oil prices slipped as the economic reopening is slower than expected – Brent lost 69 cents to $40.33 per barrel. Oil shed 62 cents to $37.87.
Gold ended the day at $1,781.30 per ounce.
The Dollar Index slipped 0.05% to 97.448.
Asia and Australia
HongKong45 fell 0.49%, as the National People’s Congress Standing Committee is expected to pass the national security law on Hong Kong and Macau.
Japan225 was down 1.60% after the May retail sales dropped by 12.3%.
Down Under, ASX decreased by 1.62% as the state of Victoria still tries to keep the number of infections under control.
USD/JPY gained 0.15% to 107.72.
AUD/USD added 0.12% to 0.64.27.
USD/CNY lost 0.17% to 7.0671.
Germany30 gained 1.18% driven by gains in construction, chemicals, and basic resources.
UK100 rose by 1.3% after Prime Minister Johnson announced a stimulus package that will be used to save the economy and build hospitals, schools, and housing developments.
GBP/USD lost 0.5% to $1.2273.
EUR/USD was up 0.10% to 1.1228.
EUR/GBP added 0.44% to 0.9139.
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Sources: marketwatch.com, investing.com