DISNEY stock: legends and money
Disney's "Mulan" was released yesterday. And there is a lot of publicity about it...
American equities steeply sink
On Wednesday, American stock futures pointed to a steeply lower start because a trade clash between American and China strengthened, thus assisting market participants in ditching assets considered to be more risky.
The S&P 500 futures sank by up to 0.66% being worth 2,778.25, Dow futures headed south by 0.78% coming up with a reading of 24,732. As for the tech-heavy Nasdaq 100 futures, they slumped by 0.83% demonstrating 7,240.75.
As a matter of fact, the trade threat returned into focus after the US current presidential administration uncovered plans late Tuesday to put duties of 10% on an extra $200 billion worth of China’s products.
News of the extra duties drove worries of a trade conflict back into the spotlight a couple of days after the two leading economies imposed duties of about $34 billion on each other.
Apparently, the tit-for-tat duties have powered concerns as for the prospect of a full-fledged trade clash that market participants fear could heavily affect global surge.
The stocks of Twenty-First Century Fox drew attention after it managed to raise its takeover offer for the UK’s Sky to about $32.5 billion, thus sparking a bidding conflict with Comcast.
The stocks of Facebook headed south by 0.82% ahead of the start reacting to reports that it would be fined by the UK’s information watchdog for gaps in the data protection law after the Cambridge Analytica incident.
In addition to this, NVIDIA Corp stocks inched down by 1.68% before the start after on Tuesday the company uncovered a partnership with German car manufacturer Daimler as well as car parts producer Bosch to start testing a self-driving taxi project.
Fastenal, Bank of the Ozarks and MSC Industrial turned out to be among some of the companies expected to reveal their outcomes on Wednesday.
Similar
TESLA, PFIZER, APPLE: updates of the stock market
Long time we haven't checked the S&P 500 stocks - there are interesting events and trends to follow.
S&P, NVIDIA, ALIBABA: near-term observation
Nvidia and Alibaba report their Q2 results this week. Grab the levels and prepare to step in!
Latest news
US stimulus package improved sentiment
The market sentiment is mixed as investors weigh US stimulus package against the rising infections and worse-than-expected US unemployment claims. Jump in for fresh analysis of EUR/USD, USD/JPY, S&P 500 and gold!
The US weekly labor data is out!
US Initial jobless claims will be announced on Thursday at 15:30 MT time.
Main market news on September 23
The US dollar has broken through the key resistance, it failed to cross since March so far. Riskier assets are dipping. Let’s discuss it in detail.
Deposit with your local payment systems
