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U.S. stocks traded higher this morning, with the Nasdaq Composite gaining around 75 points on Tuesday.
Following the market opening Tuesday, the Dow traded up 0.19% to 33,780.40 while the NASDAQ rose 0.57% to 13,411.68. The S&P 500, also rose, gaining, 0.37% to 4,344.96.
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U.S. durable goods orders rose 1.7% month-over-month in May versus a revised 1.2% growth in April and easily topping market estimates of a 1% drop.
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In commodity news, oil traded down 2% to $67.97 while gold traded down 0.1% at $1,932.20.
Silver traded up 0.4% to $22.915 on Tuesday while copper fell 0.5% to $3.7660.
European shares were mostly lower today. The eurozone’s STOXX 600 fell 0.4%, London’s FTSE 100 fell 0.3% while Spain’s IBEX 35 Index rose 0.3% The German DAX dropped 0.2% French CAC 40 fell 0.2% and Italy’s FTSE MIB Index fell 0.1%.
The manufacturing confidence index in Italy fell to 100.3 in June from 101.2 in the prior month, while consumer confidence climbed to 108.6 from 105.1.
Asian markets closed mostly higher on Tuesday, with Japan’s Nikkei 225 dropping 0.49%, Hong Kong’s Hang Seng Index jumping 1.88%, China’s Shanghai Composite Index climbing 1.23%. India’s S&P BSE Sensex jumped 0.71%.
India reported a current account deficit of $1.3 billion during the first three months of the year, compared to market estimates of a $3.3 billion surplus. Hong Kong's trade deficit narrowed to $26.4 billion in May from $36.7 billion in the year-ago month.
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The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 107,283,940 cases with around 1,167,830 deaths. India confirmed a total of at least 44,993,990 cases and 531,900 deaths, while France reported over 40,133,520 COVID-19 cases with 167,610 deaths. In total, there were at least 690,857,970 cases of COVID-19 worldwide with more than 6,894,560 deaths.