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Live Daily Market Updates: US Stocks Climb

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Analyst Team
Updated: 12 Apr 2022

Latest 16:40
European Equities Close

European stocks closed lower despite clawing back some of the initial losses at the start of the session…

FTSE 100: -0.60%
DAX: -0.50%
CAC 40: -0.28%
Stoxx 50: -0.21%
IBEX 35: -0.07%

15:46
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15:38
Beyond Meat

Beyond Meat stock rose around 5% after it revealed it is expanding the availability of its Chicken Tenders product to over 8,000 new outlets in the US

14:30
US Stocks Open Higher

Nasdaq up 1.25%

S&P 500 up 0.64%

Dow up 0.30%

13:03
US Premarket

Eurpean equities are still in the red ahead of the US open, although they have clawed back some of the initial losses.

US index futures show the Dow at +0.10%, the S&P 500 at +0.25%, and the Nasdaq at +0.44%.

Biodesix stock soared 85.5% on $11.7M capital raise

Hewlett Packard Enterprise shares have fallen premarket after Morgan Stanley downgraded the stock.

CarMax is at -5% after it reported an earnings per share miss for its latest quarter.

CrowdStrike gained 4.5% after Goldman Sachs upgraded from Neutral to Buy.

10:39
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09:00
Top Stories

Rolls-Royce shares have tumbled 6% after JPMorgan downgraded the stock to Underweight from Neutral.

ASOS initially fell at the open but is now 1% higher despite reporting an 87% fall in H1 profit.

In a trading statement for the 6 months ended March 31, EasyJet said there has been a “strong, sustained recovery in trading since the relaxation of travel restrictions, reflecting the pent-up demand coming out of the pandemic.”

08:18
European Open

US indices declined Monday. However, bourses in the APAC region were mixed, with Chinese and Hong Kong indexes gaining.

Nevertheless, European markets have followed their US counterparts and started the day lower…

FTSE 100: -0.9%
DAX: -1.84%
CAC 40: -1.83%
Stoxx 50: -1.77%
IBEX 35: -1.45%

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