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James Mickleboro has been a Motley Fool contributor since late 2015. After studying economics at university back home in the United Kingdom, James came to live in Australia and managed to land a job at an Australian fund manager. This was the start of a love affair with Australian equities and he hasn t looked back since. James is part of the CFA Institute s Chartered Financial Analyst program and hopes it teaches him how to become an astute investor which allows him to help others with their own investing. Outside of reading and researching he spends many a late night watching the English Premier League and Seinfeld reruns.
S&P/ASX 200 trades near flatline as Sydney lockdown gets extended for another two weeks
U.S. consumer prices have increased sharply amid supply constraints and a continued rebound in the costs of travel-related services. Spot gold was flat at US$1,806.07 per ounce on Wednesday.
S&P/ASX 200 (INDEXASX:XJO) has gained 0.093% to 7,339 points by about 1.40 pm as Sydney’s current lockdown conditions were extended for at least another two weeks to July 30.
Tech stocks were being dragged down by Afterpay (ASX:APT), which fell heavily after Bloomberg reported that Apple (NASDAQ:AAPL) plans to offer a competing buy-now pay-later product in partnership with Goldman Sachs (NYSE:GS).
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