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 This document is issued by Amundi and unless otherwise stated, all views expressed are those of Amundi as at the date of publication. These views are subject to change at any time without notice based on market and other conditions and there can be no assurances that countries, markets or sectors will perform as expected. This material is provided to professional clients only, including financial intermediaries, and is not intended for the public. This material is for information purposes only, is not a recommendation, financial analysis or advice, and does not constitute a solicitation, invitation, or offer to purchase or sell any security or services.

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28/05/2020 Latest from the markets

28th May 2020

International stock markets closed positive again yesterday, although Wall Street ended the day just shy of the day's highs and the S&P 500 index failed to close above the psychological threshold of 3,000 points.This was mostly due to the correction seen in technology stocks and online stocks in general, which have supported the market's recovery thus far.Conversely, the sectors that have suffered most in the pandemic, such as airlines, holiday and cruise companies, are making a comeback – although they do have a lower weight on the large indices.