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Wednesday,21 July 2021 at 16:09
and European markets closed higher, bouncing back after the surprise rout earlier in the week caused by
concerns regarding rising cases of the Delta variant.
U.S. stocks openedhigher as
strong earnings provided a ballast to beaten-down markets.
gains from the previous session.
Gold prices eased
as a stronger dollar and rebound in U.S. Treasury yields contended with the
metal’s safe-haven status.
In corporate news, Nextsurged
to the top of the index after it lifted full-year profits guidance after a
sales rebound in the second quarter.
Stocks with particular exposure to Covid-related restrictions rose, with Rolls-Royce, IAGand Whitbreadall up.
At the close
FTSE 100 6,998 +1.70%
FTSE 250 22,541 +1.91%
DAX 15,422 +1.36%
Dow Jones 34,762 +0.73%
S&P 500 4,350 +0.62%
NASDAQ 14,566 +0.47%
UK 10-YR YIELD 0.606
Gold $1,804 (-0.28%)
Brent $72.22 +5.32%
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.