Tech stocks boosted by rising COVID-19 worries [Video]

Ipek Ozkardeskaya Swissquote Bank Ltd

Rising Covid cases don’t overwhelm stock investors, tech stocks renew record, yet oil and energy stocks feel the pinch of a retreat in crude prices ahead of Thursday’s OPEC+ decision.

Apple gains a further positive momentum, while the Roblox-Netflix teaming up for Stranger Things experience looks promising for Roblox future business.

Moderna hits a fresh record on news that its vaccine fights well the Delta variant, but the price seems overstretched at the current levels.

On the economic data front, investors will be closely watching the ADP report, and given the circumstances, the numbers better be good.

Author

Ipek Ozkardeskaya

Swissquote Bank Ltd

Ipek Ozkardeskaya began her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked in HSBC Private Bank in Geneva in relation to high and ultra-high-net-worth clients.

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