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

By: Miguel A. Rodriguez

11:22, 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.


Share this article

This information prepared by is not an offer or a solicitation for the purpose of purchase or sale of any financial products referred to herein or to enter into any legal relations, nor an advice or a recommendation with respect to such financial products.This information is prepared for general circulation. It does not regard to the specific investment objectives, financial situation, or the particular needs of any recipient.You should independently evaluate each financial product and consider the suitability of such a financial product, by taking into account your specific investment objectives, financial situation, or particular needs, and by consulting an independent financial adviser as needed, before dealing in any financial products mentioned in this document.This information may not be published, circulated, reproduced, or distributed in whole or in part to any other person without the Company’s prior written consent.
Past performance is not always indicative of likely or future performance. Any views or opinions presented are solely those of the author and do not necessarily represent those of Financial Services (Pty) Ltd trading as CAPEX.COM/ZA acts as intermediary between the investor and Magnasale Trading Ltd, the counterparty to the contract for difference purchased by the Investor via CAPEX.COM/ZA, authorised & regulated by the Cyprus Securities and Exchange Commission with license number 264/15.  Magnasale Trading Ltd is the principal to the CFD purchased by investors.