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Monday,19 July 2021 at 16:09
and European stocks plungedas investors reacted skittishly to rising cases of Covid-19 around the
U.S. stocks sankpushing Wall Street benchmarks lower, even as second-quarter earnings results
reflect a strengthening economic rebound.
Oil priced lowerafter
OPEC+ agreed to boost crude supply.
Gold prices reversed
course to trade at a near one-week low.
In corporate news, concerns about a rise in Covid cases dented travel-related
stocks with IAG,
On the upside, Just
Eat Takeawaywas one of few stocks in the black, perhaps
amid expectations that a spike in cases might deter people from eating out.
At the close
FTSE 100 6,844 (-2.34%)
FTSE 250 21,940 (-2.34%)
DAX 15,133 (-2.62%)
Dow Jones 33,989 (-2.01%)
S&P 500 4,265 (-1.43%)
NASDAQ 14,310 (-0.81%)
UK 10-YR YIELD 0.563
Gold $1,808 (-1.09%)
Brent $69.54 (-5.06%)
Important - No news or research item should be construed as a recommendation to trade. The inclusion of securities within this report does not necessarily imply their suitability for individual portfolios or situations in respect of which further advice should be sought. Information contained in this report has been compiled from sources believed to be reliable but is not warranted to be accurate or complete.