Stock market highlights: Miners lead the way on UK100, cryptos mixed, Wall Street up

Over the past 24 hours, the crypto market had no clear direction. Some of the main cryptos lost ground, others gained. US stock indices improved after the Senate reached a debt deal. Oil continued to rally. Here’s a roundup of the highlights, courtesy of eToro and analyzed by Invezz.

Bitcoin (BTC/USD) took a breath after its impressive rise of over 20% in the past week. At the time of publication, it was changing hands for $55,406.71. After gaining over 300% this week, SHIBA INU (SHIB/USD) lost more than 20% in the past 24 hours.

After the Senate struck a deal to keep the US from defaulting on debt, all major US stock indices gained ground. DJ30 closed the day with a 1% gain. Constituent stocks like Nike and Home Depot added more than 2%. SP500 closed 0.8% higher with almost all sectors in the green. Top performers included Ford and GM.

The increase in copper prices pushed miner Freeport-McMoRan up 8.2%. US-listed Chinese tech companies like Baidu, JD, and NetEase led the NASDAQ100 after it emerged the US and China had agreed to hold a virtual summit this year. Today, US markets might be affected by the NFP report and other job data, awaiting release at 12:30 GMT.

Mining stocks pushed the UK100 up, adding 1.2% yesterday. Anglo American and Antofagasta both added over 5% to their share prices. Rio Tinto and BHP Group also benefited from the copper price increase, closing with gains of over 3%.

Today, the biggest winners on eToro were Ford Motor Co, FCX, NetEase Inc., Pinduoduo Inc., and JD.US, up 5.38%, 8.07%, 8.26%, 6.16%, and 6.05% respectively.

Today, the oil rally continued, with prices approaching the $80 mark. Indian Tata Motors gained more than 15% after changed stock evaluations. GER40 and FRA40 were down 20 and 10 points. In Canada, monthly employment and unemployment figures will be released at 12:30 GMT, resulting in potential volatility for the CAD.

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