Stocks mixed amid economic readings - Thursday Review, February 18

Stocks mixed amid economic readings - Thursday Review, February 18

Markets are focusing on a global economic recovery

The US

Wall Street edged lower as an unexpected rise in the number of weekly unemployment claims hinted at a fragile recovery in the labor market. USA30 lost 0.38%, and USA500 traded 0.44% lower. TECH100 dropped 0.72%.

Crude oil traded 0.6% higher at $61.52 a barrel.

Gold closed at $1,785.75 per ounce after it gained 0.7%.

Asia and Australia

Most markets were boosted by the fact that the COVID-19 vaccines rollouts will lead to an increase in economic growth. HongKong45 was down 0.52%.

Japan225 added 0.27%.

Down under, Australia200 gained 0.32%.

Europe

Stocks mostly rallied as investors continued to focus on corporate earnings. Germany30 and France40 went up 0.3%, and 0.2%, respectively. UK100 lost 0.1%.

Brent oil rose 0.8% to $64.85 per barrel.

EUR/USD traded 0.2% higher at 1.2064.

Source: investing.com

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