DOW -1.45% 27,534
S&P 500 -1.83% 3,336
NASDAQ -1.99% 10,919
Down we go. Was yesterday a dead cat bounce?
Anyway that’s all from me. Have a good evening people.
$PTON
Peloton shares are down 2.84% heading into its earnings release after the market closes after a broader pullback in tech stocks.
Analysts at MKM are expecting a big earnings beat.
The GBP has certainly had a tough day…
You may have seen earlier that Hindenburg Research released a paper on why they are short Nikola Corp.
It was intriguing, to say the least with Hindenburg stating the company is a “fraud built on dozens of lies.” Here’s what was said…
NIKOLA MOTORS (NKLA) STOCK PLUMMETS AFTER HINDENBURG RESEARCH REPORT
Nikola shares are currently down 9.30% at $38.43.
$RDFN
Redfin stock has moved 8% higher to $52.05 per share so far today.
We are yet to see any stock-specific news.
FTSE 100 -0.18% 6,002
DAX -0.23% 13,206
STOXX 50 -0.38% 3,312
DOW +0.83% 28,172
S&P 500 +0.68% 3,422
NASDAQ +0.69% 11,218
No changes for the ECB. The euro has gained some strength on the back of that…
Here is the ECB’s statement and changes. Courtesy of @Newsquawk
$TIF
LVMH has filed a lawsuit in Delaware against Tiffany: Via Twitter @DeltaOne
TT Electronics (TTG) +36%
Wameja Limited (WJA) +30%
Zoetic International (ZOE) +26%
Shoprite HLD (HY7) +19%
Hammerson’s share price is trading at 32.30p, or 91.69% in the red to print a new all-time low today…
HAMMERSON SHARE PRICE CRASHES 92%, HERE’S WHY
Aston Martin Lagonda shares are down over 3% today at 56.85p per share after rising 15% in the last two days.
Here’s the full story: ASTON MARTIN SHARE PRICE UP 15% IN TWO DAYS. HERE’S WHY
Some FX market analysis from Viktor…
EUR/CHF UPTREND EXPECTED TO CONTINUE AS PRICE ACTION REMAINS BULLISH
FTSE 100 -0.37% 5,990
DAX +0.09% 13,249
STOXX 50 -0.07% 3,322
Good morning all…
-Indices traded mostly positive overnight with the Nikkei closing 0.81% higher and the ASX closing up 0.51%. The Hang Seng is currently trading at +0.03%
-The topic of Brexit is becoming increasingly heated and the EU is said to be considering legal action against the UK over its plans to break the Brexit withdrawal agreement.
-US House Speaker Nancy Pelosi said that there is no chance of a US-UK trade deal if the UK governments plan to break the with withdrawal agreement impacts the Good Friday Agreement.
-ByteDance is reportedly talking to the US gov about ways that it could avoid the sale of TikTok.
-In FX markets the US dollar is softening a touch this morning.
-On today’s data calendar, we have the ECB interest rate decision and ECB press conference, as well as US initial jobless claims.
-Finally, the earnings calendar features names such as FuelCell Energy, Oracle, Peloton and Dave & Busters.
