Market snapshot at 7:00am :AUD: 76.66 US cents, 56.53 British pence, 62.57 Euro cents, 79.03 Japanese yen, $NZ1.07Europe: FTSE 100 +1.7pc at 6,572, DAX +0.1pc at 13,227, Euro Stoxx 50 +0.4pc at 3,567This comes as US markets are also trading down on their first session of the new year.
All three main indexes dropped to two-week lows from record highs, fuelled by monetary stimulus and the start of vaccine rollouts. She cited the rise in COVID-19 cases, the new virus variant that has spread around the world, and the Georgia Senate race."Investors are at a point where they want to take breather while they assess all the different things coming in the new year," Ms Bell said.
On the plus side, Tesla's shares extended a meteoric rally to scale a record high, after the electric-car maker reported better-than-expected vehicle deliveries in 2020.Meanwhile, European shares rallied in the first trading session of the year, as a landmark Brexit trade deal and coronavirus vaccination campaigns across the continent bolstered expectations of a strong economic rebound.Germany-listed shares in the world's biggest holiday company TUI rose 2.
ABC woes...... Still sewing the seeds of discontent in 2021
How are the big tech, big pharma, etc stocks doing by the way
You also predicted a significant loss yesterday on your Breakfast News, please stop guessing.
China propaganda... abc communist after all.
The stock market is fine, can you concentrate on small business getting flogged with regs and nonsense? These are the real woes
You keep reporting this daily rant. You have been proven wrong constantly. The US market is at record levels.
You guys are useless at predicting anything. Stop being a liberal government puppet. And start actually reporting the truth rather than this constant click bait BS