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Tesla Share Price Up by Over 5% as the Company Delivers More Cars Than Expected

Despite most stocks trading in the red, Tesla share price is up by over 5% in today’s trading. The surge comes after the electric carmaker reported more deliveries that what analysts had expected.

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Tesla Shares Dip After Initial Surge on Upbeat Deliveries

Tesla share price surged initially on the day, opening with a bullish gap after the company reported better-than-expected vehicle deliveries of 88,400 in the first quarter of 2020. This figure beat the estimates of market analysts, who had predicted 80,000 vehicle deliveries. Tesla share price responded in an upbeat fashion, [...]
WTI Crude Oil price

WTI Crude Oil Price Trades Above 28.00 on News That Russia Is Ready for a Truce

As it turns out, President Trump's tweet about a truce between Russia and Saudi Arabia may not have been completely unfounded. WTI crude oil price CFDs is trading at its highest levels since March 18 after reports surfaced that Russia is ready to reduce oil production.

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gold price

Gold Price (XAUUSD) Still Stuck in Consolidation After US NFP Terribly Misses

Gold price is struggling to find bids despite the US NFP report for March came in worse than expected. As of this writing, XAUUSD is trading below yesterday’s highs at $1,617.06.

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S&P 500

S&P 500 Index Lower As Economic Data Point To Recession

S&P 500 started the session lower after a series of dismal economic data. The US Composite PMI slid to 2009 lows of 40.9 in March, with new orders and export sales dropping at record levels. March data consistent with -4% annualised GDP q/q change. The Services PMI dropped to 39.8 [...]
dow jones

Dow Jones Index Wobbles After The Disastrous Jobs Report

The Dow Jones Industrial Average (DJIA) wobbled today in the futures market as the market reflected on the state of the economy. This is after the Labour Department released the worst economic data in recent history. The data released today showed that the economy lost more than 701k jobs in [...]