Mixed beginning of the month for the global markets - Thursday Review, July 1

Mixed beginning of the month for the global markets - Thursday Review, July 1

American stocks reached for records as US jobless claims declined

The US

Wall Street closed higher on upbeat economic data, with the number of unemployment claims coming in lower-than-expected. USA30 added 0.38%, while USA500 gained 0.52%. TECH100 traded 0.13%.

Crude oil rose 2%, hitting $74.94 per barrel.

Gold was up 0.29% to $1,776.80 per ounce.

The Dollar Index was up 0.15% at 92.567.

Asia and Australia

HongKong45 was closed for a holiday.

Japan225 fell 0.3% as sources said COVID-19 restrictions were likely to be extended.

Down under, Australia200 lost 0.65% as losses in the Consumer Discretionary, Consumer Staples and Industrials sectors led shares lower.

Europe

Germany30 rose 0.47%, driven by gains in Media, Insurance and Chemicals sectors. France40 gained 0.71%.

Brent oil traded 1.18% higher to $75.50 a barrel.

EUR/USD was down 0.07% to 1.1846.

Sources: investing.com, reuters.com

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