Wall Street concludes multidirectionally

Wall Street concludes multidirectionally

On Tuesday, the US stock market concluded the trading session multidirectionally, while concern over sluggish demand for smartphones applied pressure on the technology sector and also pushed Nasdaq down. However, investors' optimism as for corporate reports helped to avert more significant losses.

The decline in shares of technology companies put pressure both on the S&P 500 and the Nasdaq. Paper chips manufacturers dived after the world's number one manufacturer of semiconductors, Taiwan Semiconductor Manufacturing Co Ltd lowered the target annual revenue because of the weakening demand for smartphones.

On Monday, the revenue on the US Treasury's ten-year bonds reached a maximum from January 2014 amid worries about an increase in the supply of government debt as well as acceleration of inflation.

Financial markets are definitely intimidated by such dynamics in the bond market, as some financial analysts pointed out.

Analysts expect that the revenues of companies included in the S&P 500 index for the first quarter tacked on by 20% year on year. It would be the maximum surge for seven years.

Equities of Alphabet, the parent company of Google, moderately gained in volatile trading after the close of the official exchange session. Additionally, the company reported a profit surge of 73% in the first quarter.

This week's quarterly outcomes will be released by some of the largest companies in the technology sector, including Facebook Inc, Microsoft Corp, Amazon.com Inc as well as Intel Corp.

At the close of the New York Stock Exchange, the Dow Jones index headed south 0.06% hitting 24,448.69, the S&P 500 index inched up 0.01% coming up with 2,670.29, while the Nasdaq Composite index lost 0.25% being worth 7.128,60.

Six of the 11 major industry indices S&P 500 concluded the session in positive territory, and the leader of growth was the index of the telecommunications sector.


Apple event surprised traders
Apple event surprised traders

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.

Latest news

The Yen Sets New Lows
The Yen Sets New Lows

The Japanese yen fell to its lowest level against the US dollar in 33 years. Read the full report to learn the next target for USDJPY!

BlackRock CEO Supports The USD
BlackRock CEO Supports The USD

BlackRock CEO forecasts the Fed may have to raise rates further. The US dollar index (DXY) gains 130 points today. Read the full report to get more fresh news and technical analysis!

Deposit with your local payment systems

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera