The Dow Jones futures trade slightly lower in ahead of the opening of the last trading day of the quarter. The sentiment is mixed today as the number of new coronavirus cases continues to rise in some states in the USA.
The S&P 500 has gained by more than 18.5% in the past three months, making it its best quarter in decades. The performance has been led by technology companies like Amazon, Facebook, Microsoft, and Apple, which account for more than 22% of the weighting of the index. In the same period, the Nasdaq 100 has gained by more than 28% while the Dow Jones has gained by about 16%.
FTSE 100 trades lower in early trading as investors are cautious amid a rising number of new coronavirus infections in...
The DAX index is among the best-performing indices in Europe today. Up by 0.55%, the index has outperformed its peers...
Grim coronavirus statistics out of the US are dimming sentiment on the Nasdaq 100, as the index slumps to a...
S&P 500 futures trading higher before the opening reversing earlier losses despite the rising number of new coronavirus cases in the USA.
The Dow Jones rose by more than 130 points in the premarket as traders reflected on positive news from constituent...
FTSE 100 started the week in a cautious mood on rising concerns about a record number of new coronavirus cases...
The DAX index turned cautiously higher as investors pinned their hopes on a coronavirus drug as cases rise globally. The index is trading at 12,144 euros as traders continue to anticipate that a new drug will help stem the coronavirus pandemic. Most companies in the DAX index are in the green, with only a handful in the red. Elsewhere in Europe, the FTSE 100 and CAC 40 are unchanged while Stoxx 50 is up by just 0.15%.
Asian stocks started the week lower as the rising number of coronavirus cases threatens the global economic recovery. There are now over 500,000 coronavirus deaths worldwide. While in the USA, there are 2.5 million cases and 125,000 deaths.
The battered Hang Seng index is down by more than 1.40%, becoming the second-worst performing index in Asia after Nikkei 225. The index is trading at $24,215, which is its lowest level since June 18. However, the index, which is down by more than 13% this year, could see a rebound in the second half of the year, according to analysts. Let us look at the reasons they are giving.
The Nikkei 225 is the worst-performing index in Asia today as traders digest multiple news from the country. The index is trading at ¥22,050, down by more than 400 points. This is a sharp underperformance considering the Hang Seng is down by just 1% while the Shanghai index is down by 0.75%. A look at the Nikkei’s components shows that only a handful of the companies are in the green.