Predominately positive day at the end of the quarter - Wednesday Review, June 30

Predominately positive day at the end of the quarter - Wednesday Review, June 30

European markets closed lower as COVID-19 cases jump

The US

Markets closed higher as investors ended the month and the quarter by largely shrugging off positive economic data and looking forward to Friday’s employment report.

USA30 rose 0.61%, while USA500 gained 0.13%, nabbing its fifth straight record close. TECH100 dropped 0.17%.

Crude oil rose 0.82% to hit $73.58 a barrel.

Gold was up 0.24% to $1,767.85 a troy ounce.

The Dollar Index was up 0.36% at 92.373.

Asia and Australia

Stocks mainly were up as a brightening economic outlook, and news that vaccines can act against the Delta variant of COVID-19 boosted investor sentiment.

Japan225 traded 0.04% lower after data released in the day showed that industrial production fell 5.9% month-on-month in May.

HongKong45 inched up 0.01%.

Down under, Australia200 gained 0.57%.

Europe

UK100 fell 0.71% over concerns that the recent surge in COVID-19 infections in the country might harm economic growth. Germany30 fell 1.02%.

Brent oil rose 0.69% to trade at $74.79 a barrel.

EUR/USD was down 0.34% to 1.1855.

Sources: investing.com, reuters.com

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