Nasdaq jumps to record led by Apple in longest winning streak since December; European stocks close higher as economic data shows downturn slowing; Wirecard up 19%; BELEX15 with no major changes, turnover plunges below 9ths EUR
The Nasdaq Composite rose to a fresh record on Tuesday with Apple leading major tech names higher as investors cheered a slew of announcements from the tech giant’s WorldWide Developers Conference. The tech-heavy index closed 0.7% higher at 10,131.37, notching its eighth straight daily gain. That marks the Nasdaq’s longest winning streak since December, when it advanced for 11 straight sessions. The Dow Jones Industrial Average climbed 131.14 points, or 0.5%, to close at 26,156.10. The S&P 500 ended the session up 0.4% at 3,131.29.

European stocks closed higher on Tuesday as euro zone PMI (purchasing managers’ index) readings showed the economic downturn slowing in June, while investors reacted to a surge of coronavirus cases in the U.S. and elsewhere.
The pan-European Stoxx 600 provisionally ended up 1.3%, with autos climbing over 3% to lead gains as all sectors and major bourses held in positive territory. IHS Markit’s flash euro zone PMI (purchasing managers’ index) readings on Tuesday showed a further easing of the bloc’s historic economic downturn in June. The composite PMI, widely seen as a credible gauge of economic health, increased to 47.5 in June from 31.9 in May and a record low 13.6 in April. A reading of 50 separates expansion from contraction.
Wirecard shares regained more than 19% after consecutive plunges amid an ongoing accounting scandal involving a missing $2.1 billion on its balance sheet. Former CEO Markus Braun, who resigned on Friday, was arrested Tuesday on charges of inflating the company’s balance sheet, according to Munich prosecutors.
Bayer added 6.5% after German newspaper Handelsblatt reported that the pharmaceutical and life sciences giant is close to agreeing an $8-10 billion settlement over claims that its glysophate-based weedkiller caused cancer.

BELEX15 ended Tuesday with very symbolic change – minus 0.07% as NIS and Philip Morris were only active stocks with symbolic price changes. Overall trade volume was out of any importunacy – slightly higher vs. 7 ths EUR if excluding solid activity at bonds. Energoprojekt scheduled its AGM for 23th July, while decision on profit distribution is incorporated into agenda items. Among other corporate issues, we will mention statement from NIS CFO, Angton Cerepanov, who said, the company is about to continue investing in crucial projects for its future, despite of current unfavorable and challenging macro environment for oil&gas companies. 
Source: CNBC, Ilirika