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.
Tech stocks are the stronger performers today, helping the Nasdaq to close the day positive.
According to reports, Salesforce has held talks to acquire slack and a deal could be announced as soon as next week.
Slacks stock has surged over 30% on the news and is currently trading at $38.63.
Salesforce shares are falling, currently trading at $249.21, down 4.46%.
Shares of Omega Diagnostics closed 2.13% higher today despite being up 17% at one point during the session.
Aveva shares close down 20% on Wednesday at 3,295p after the company’s shares from the rights issue debuted on the London Stock Exchange.
FTSE 100 -0.65%
STOXX 50 +0.16%
IBEX 35 +0.28%
CAC 40 +0.23%
US equity futures have turned slightly with the Dow and S&P now trading in the red and the Nasdaq up 0.27%.
European equities have also fallen with the FTSE 100, DAX, STOXX 50, IBEX 35 and CAC 40 all down on the day.
Shares of AVEVA Group plc (LON: AVV) fell 21.5% today after the company’s shares from the rights issue debuted on the London Stock Exchange triggering the drop in its share price.
Calnex +23.06%: Calnex reports unaudited interim results for the six months ending 30th of September. The company says it saw strong revenue growth and continued strong demand.
Arena Events Group +14.62%
N4 Phamra +14.04%
GoCo Group +14%: GOCO SHARE PRICE SOARS AFTER ACCEPTING FUTURE TAKEOVER BID
FTSE 100 +0.47%
STOXX 50 +0.30%
IBEX 35 +0.37%
CAC 40 +0.51%
After a strong day on Wall Street, Asian index’s traded mostly lower overnight.
European equity futures are mixed while US futures are up.
England, Northern Ireland, Scotland, and Wales have agreed to relax restrictions for Christmas. UK case numbers are falling once more, but deaths rose yesterday.
Deaths in Italy are also on the rise.
France also set out its plan to ease lockdown restrictions.
Nikola shares fell after-hours as its CEO provided no clarity on the GM deal.
6.4 million Pfizer COVID-19 vaccine doses will be sent out across the US within 24 hours of FDA approval.
India has axed several Alibaba apps in a widening anti-China crackdown.
Elon Musk says that Tesla’s gigafactory in Berlin will feature the largest battery cell plant in the world.
On the calendar today we have the UK spending review, US durable goods orders, initial jobless claims, GDP, personal income and spending.
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