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15.06.2020 FTSE 100 Daily Analysis

The stock started trading at 5,961.52 GBP. It is trading lower with 143.66 GBP as of now. COVID 19 had calmed down and stocks had started rising after

Yazar: editor_1

Yayınlanma: 15 Haziran 2020 21:24

Güncellenme: 7 Kasım 2024 09:32

15.06.2020 FTSE 100 Daily Analysis

The stock started trading at 5,961.52 GBP. It is trading lower with 143.66 GBP as of now. COVID 19 had calmed down and stocks had started rising after the dip in it due to the pandemic. But recently, infections have been detected in Arizona, California, Florida and Texas. Beijing is also suspected to be facing a second wave. This has had an effect on the market and the stock has plummeted due to this reason. The US Federal Reserve has also issued a statement saying that this new development will further slow down the recovery of the economy and since the US economy is one of the biggest in the world, this has caused an effect on the stocks as well.
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