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.

 

This report has been prepared by Swissquote Bank Ltd and is solely been published for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any currency or any other financial instrument. Views expressed in this report may be subject to change without prior notice and may differ or be contrary to opinions expressed by Swissquote Bank Ltd personnel at any given time. Swissquote Bank Ltd is under no obligation to update or keep current the information herein, the report should not be regarded by recipients as a substitute for the exercise of their own judgment.

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