Positive day for global markets after Biden’s inauguration
Following Biden’s inaugurations, the stocks continued their rally to record highs. The executive orders signed by Joe Biden tackling the COVID-19 vaccine, climate change, and many more overshadowed the number of unemployment claims report. USA30 rose 0.3%, while USA500 was up 0.19%. TECH100 gained 0.58%.
Crude oil lost 0.8%, reaching $52.87 per barrel.
Gold rose 0.2% to $1,870.35 per ounce.
Asia and Australia
The markets followed their American peers, which were high on optimism that federal spending will kick-start economic growth.
HongKong45 inched up 0.5%.
Japan225 rose 0.78%.
Down under, Australia200 gained 0.71%.
Brent oil closed 0.8% lower at $55.65 a barrel.
EUR/USD gained 0.3%, reaching 1.2134.
Read here about the number of US unemployment claims!
Sources: reuters.com, investing.com
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