Live Market Updates 21/07 – Tesla Share Price Falls

As it happens:

Latest21:06
US Equities Last Look

Dow Jones +0.60%  26,840

S&P 500  +0.19%  3,258

Nasdaq  -0.81%

According to some reports, the Nasdaq gave up some gains after worries about stimulus.

I hope everyone had a positive day. I’ll see you all tomorrow morning.

20:16
Tesla

So, according to GLJ Research  Tesla likely engaged in a heavily discounted China fleet sale to hit its Q2 delivery figure of 90K.

19:57
Vigring Galactic Shares

Virgin Galactic’s share price is rocketing (sorry, I had to :)), up 11.23% at $25.56.

19:52
Tesla Share Price Drops

Tesla’s share price is down 3.11%, trading at $1,591.89

19:49
Midatech Continues Higher

So, after stepping away from the computer I’ve come back to notice Midatech’s UK shares closed at +311.90%, while its US-listed shares have fallen a little to +172.35%

16:55
Midatech Skyrockets

Midatech’s US-listed shares up 230% now

15:59
US Stock Movers

Midatech Pharma +207%

Owens & Minor 79%

Immuron +60%

NewAge Beverages +46%  Full Story: NewAge Beverage Stock Soars 109% After M&A’s

14:34
Nasdaq Record High

Nasdaq has opened at a record high today…

Nasdaq +0.65%  10,836

Dow Jones  +0.69%  26,864

S&P 500  +0.61%  3,271

A strong start from US equities.

14:33
McDonaald's

McDonald’s UK says over 700 restaurants will be open for dine-in Wednesday across the UK and Ireland.

12:44
European Markets Lunchtime Look

FTSE 100  +0.46%

DAX  +1.71%

EURO STOXX 50  ++1.50%

 

12:41
Robinhood Trading App

Robinhood postpones its UK launch indefinitely.

The commission-free stock trading app has scrapped plans to launch in the UK and chosen to refocus its efforts on the US market.

10:08
EU Movers

Here are some of the European stock movers this morning

Genedrive +29%

Wirecard +18%

Bloomsbury Publishing +12%

Ted Baker +11%

 

10:07
Carnival $CCL

HSBC has downgraded Carnival Corporation from buy to hold

08:39
eBay Adevinta Deal

Adevinta to acquire eBay classifieds Group to create the worlds largest online classifieds company.

eBay and Adevinta today announced they entered into a definitive agreement for eBay to transfer its Classifieds business to Adevinta for approximately $9.2 billion.

08:30
European Equities

Let’s take a look at how some of the European equities are performing so far…

FTSE 100  +0.52%  6,293

DAX  +1.53%  13,247

EURO STOXX 50  +1.38%  3,435

 

 

07:34
Morning Overview

Good morning traders…

• Asia/Pac stocks traded higher overnight with the Nikkei closing 0.73% higher and the ASX up 2.58%
• The main story overnight was that EU leaders have reached an agreement on the recovery fund.
• Australia Gov Lowe said that there could be a cut in interest rates but lower rates would have little benefit
• In FX markets we are mainly seeing risk-on moves with the dollar weakening. However, after the EU recovery fund announcement the EURUSD fell, it is now trading at 1.1440
• Looking ahead at today’s calendar we have Canadian retail sales, with Bundesbank’s Bush speaking and the ECB’s Guindos speaking later today.
• Earnings reports today include UBS, Coca-Cola, Novartis, United Airlines, Snap Inc, Capital One, TD Ameritrade, and Lockheed Martin.

I’ll be back shortly with a look at European equities.