
Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.
On Wednesday, American futures jumped a bit because market participants are waiting for an interest rate announcement from the key US bank.
The S&P 500 futures headed north by up to 0.23% being worth 2,928.0. Additionally, Dow futures ascended by 0.20% trading at 26,572.0. Moreover, Nasdaq 100 futures added 0.30% coming up with an outcome of 7,618.25.
The key American financial institution is generally believed to have interest rates raised for the third time in 2018 when it concludes its two-day policy gathering in Washington.
With a rate lift all but locked in, market participants will monitor the dot-plot graph for further indications of a probable fourth interest rate lift in December.
As matter of fact, Apple managed to ascend by up to 0.36% in premarket trade, notwithstanding semiconductor Qualcomm blaming the tech giant for thieving its chip secrets and providing them to Intel.
Apart from that, Tesla headed north by 0.34%. Chinese e-commerce site Jd.com acquired 0.69%. At the same time, AMD rallied by 0.61%.
Moreover, Nike went down by 2.88% following dismal sales surge figures.
Aside from that, in the European Union, equities were generally mixed. The DAX headed south by 0.16% in Germany. The CAC 40 jumped by 0.27% in France. The FTSE 100 rallied by 0.17% in the United Kingdom. Besides this, the European Euro Stoxx 50 managed to acquire 0.23%. At the same time, the IBEX 35 tacked on by up to 0.14% in Spain.
As for commodities, gold futures went down by 0.21% being worth $1,202.60 a troy ounce. Besides this, crude futures slumped by 0.24% trading at $72.11 a barrel.
Estimating the evergreen buck’s purchasing potential versus its primary rivals the USD index managed to rally by up to 0.11% trading at 93.83.
Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.
Richard Branson offloaded nearly 10 million shares, which equals about 4% of the Virgin Galactic stock, leaving him with an 18% stake.
Today at 00:00 GMT+3 SPCE will present the second quarter 2021 financial results. We will get to know everything about the company's financial condition and plans.
S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.
The United States Bureau of Labor Statistics will publish the US Consumer Price Index (CPI) m/m on January 12 at 15:30 GMT+2. The index measures a change in the price of goods and services purchased by consumers.
2022 was rough: inflation, energy crisis, and plenty of other controversial situations…
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