Sam is a professional trader and the lead stock market news writer at AskTraders. After starting his career in the forex market, Sam now focuses on gold and stocks with a preference for fundamental and macroeconomic analysis.
S&P 500 +0.84%
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 stock surged today, closing 9.47% higher at $1,643.
IBM Shares are up 5.9% postmarket after Q2 revenue beats estimates.
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 Stamp.com could be acquired by Shopify.
Stamp.com is up 9.11%, while Shopify shares are trading 6.81% higher.
Altimmune’s share price has surged as high as 22% in the last two hours. It is currently trading 16% higher.
Graham Holdings Shares have jumped 7.64% following a positive article by Barrons over the weekend that said the company is undervalued
Here is how some of the major names are performing so far today:
Alphabet (Google) +1.83%
Spotify +6.86% (Thought I would add that in as it had a big move so far)
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 are trading 5.5% higher, even after the company reported a $1.7 billion loss in Q2.
here is our first look at how the US markets are performing…
Dow Jones -0.58%
S&P 500 -0.17%
Before the US opens let’s take a look at some of the European stock movers…
Omega Diagnostics +34%
Catena Media +21.71%
Let’s look over the European markets this lunchtime…
FTSE 100 -0.50%
EURO STOXX 50 +0.26%
See, I told you we may see a little turnaround!
TikTok says it is considering the UK as an option for its global HQ according to CNBC.
Chevron is nearing an all-stock deal to acquire Noble Energy.
The deal will see Chevron pay around $10.38 per share.
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 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
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?
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…
I’ll be back shortly with an update on the European equity markets…
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