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Live reporting

Live Market Updates 20/07 – Tesla Shares Close 9% Higher

3 months ago

As it happens:

US Equities Roundup

S&P 500 +0.84%

Nasdaq  +2.51%

Dow Jones  +0.03%

Those tech stocks really drove higher today. Tesla must really be selling a lot of short shorts!

Anyway, that’s enough from me for one day, I’ll be back bright and early tomorrow for the European open. See you tomorrow traders.

Tesla Surges Higher

Tesla stock surged today, closing 9.47% higher at $1,643.

IBM Up Post Market

IBM Shares are up 5.9% postmarket after Q2 revenue beats estimates.

Tonix Pharmaceuticals

Tonix Pharmaceuticals (NASDAQ:TNXP) is up 90%, trading at $1.55


RBS has told staff that the “vast majority” can continue to work from home until 2021.


Citron Research said could be acquired by Shopify. is up 9.11%, while Shopify shares are trading 6.81% higher.

Altimmune Shares Surge

Altimmune’s share price has surged as high as 22% in the last two hours. It is currently trading 16% higher.

Graham Holdings Shares Jump

Graham Holdings Shares have jumped 7.64% following a positive article by Barrons over the weekend that said the company is undervalued

US Stock Movers

Here is how some of the major names are performing so far today:

Amazon +4.16%

Alphabet (Google) +1.83%

Microsoft +2.11%

Apple +0.99%

Tesla +0.12%

Facebook +0.36%

Spotify +6.86%  (Thought I would add that in as it had a big move so far)



United Airlines $UAL

United Airlines has said that under 15% of flights have over 70% of seats filled.

Its share price is trading at -3.13% on the back of that news.

Halliburton Shares

Halliburton shares are trading 5.5% higher, even after the company reported a $1.7 billion loss in Q2.

US Markets

here is our first look at how the US markets are performing…

Dow Jones  -0.58%

S&P 500  -0.17%

Nasdaq  +0.44%


European Market Movers

Before the US opens let’s take a look at some of the European stock movers…

Synairgen +352%

Omega Diagnostics  +34%

Catena Media +21.71%

Fyber +14.9%



European Markets Lunchtime Update

Let’s look over the European markets this lunchtime…

FTSE 100  -0.50%

DAX +0.49%

EURO STOXX 50  +0.26%

See, I told you we may see a little turnaround!

TikTok UK

TikTok says it is considering the UK as an option for its global HQ according to CNBC.

Chevron/Noble Energy

Chevron is nearing an all-stock deal to acquire Noble Energy.

The deal will see Chevron pay around $10.38 per share.

Nikola Shares Fall

Right, it has been a bit of a busy day so far here…

Let’s get you up to date on what’s been happening –

Nikola corporation shares are down 17.7% premarket after the company files for a stock sale offering.


Credit Suisse Raises Facebook and Google Price Targets

Credit Suisse has raised its Alphabet $Goog price target from $1,600 to $1,850

Credit Suisse has raised its Facebook price target from $258 to $305


European Equity Markets Trade Lower

As you can see from the title, European markets are mostly trading lower so far. Here are some of those prices…

FTSE 100  -0.95%  6,230

DAX  -0.75%  12,822

EURO STOXX 50  -0.84%  3,337

Not the greatest of starts to the week, but last week we started with a sell off before another move higher in the markets mentioned above. Will we see a repeat?


Morning Market Overview

Good morning all…

The main talking point over the weekend has been the EU negotiations, but so far this morning the euro has traded higher. Whether that will continue is another question.

Here is your morning overview…

  • In the Asian session, markets were mixed, although Chinese markets have performed well
  • The EU is still yet to agree on its recovery fund as talks enter the fourth day. The frugal nations have reportedly eased their stance pointing to positive signs that a deal may be agreed.
  • The UK has signalled that it will suspend its extradition treaty with Hong Kong.
  • The UK has also signed agreements with Pfizer, BioNTech and Valneva to secure 90 million doses of two possible coronavirus vaccines.
  • Japan’s balance of trade was a miss, coming out a lot lower than expected.
  • While China kept its loan prime rate 1Y at 3.85%
  • In FX markets the euro is trading higher against the dollar, currently at 1.1463, while the GBP is down against the dollar but has started to trade a little higher. Currently at 1.2550
  • Looking at today’s calendar we obviously have the EU reconvening negotiations on the recovery fund, while the ECB’s Guindos will be talking later.

I’ll be back shortly with an update on the European equity markets…