Wall Street tacks on as tech equities dive
On Tuesday, Wall Street demonstrated mixed performance because technology shares dragged on markets.
The S&P 500 rallied 0.10% hitting 2,750.35, the Dow composite added 0.22% being worth 25,339.55. As for tech heavy NASDAQ Composite, it slid over one point or 0.03% hitting 7,155.42
Technology equities turned to be the hardest hit after the morning start. Luxury car maker Tesla headed south 1.59%, Apple slid 0.28%, Facebook declined 0.47%. GoPro declined 5.49% having unveiled the company was considering selling itself. On Monday, the company lost up to 30% on news that it was firing hundreds of its workers and leaving the drone market.
As for financial stocks, they headed north. JPMorgan Chase & Co gained 0.68%, Bank of America tacked on 0.85%, HSBC Holdings PLC ADR soared 0.52%. Additionally, JP Morgan, Blackrock and Wells Fargo are supposed to unveil their financial earnings on Friday.
The FTSE 100 dived 0.32% in London.
The US-China trade war escalates
More tariffs were introduced
Stocks of technological companies fell, pay attention to earnings
Yesterday, the US Justice Department announced a broad antitrust review ...
Futures head south after China data points to decelerating retail sales
On Wednesday, American stock index futures headed south because dismal data out of China affected market sentiment, while traders waited for more developments related to the US-China trade conflict…
Crypto assets decline as OECD demands global ICO regulation
On Monday, crypto assets tumbled due to the fact that the Organization for Economic Cooperation and Development drew attention to the necessity of the global regulation of initial coin offerings…
German exporters don’t care about stronger euro
German exporters demonstrate ascending optimism as for their business prospects because growing demand from other euro zone countries helps to compensate worries regarding the strengthening currency, as the Ifo economic institute told on Wednesday…
Japan's October machinery orders tack on
In October, Japanese machinery orders rebounded with a faster soar than anticipated, thus re-affirming the resilience of capital spending, which is a major driver in the Japanese economy's almost two-year expansion…