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 +0.78%
After an up and down sort of day, US equities close higher.
$MRNA: -0.33% $70.26
Moderna’s CEO Stephane Bancel has said that the company doesn’t intend to submit is coronavirus vaccine Phase 3 trial data before November the 3rd.
Datadog shares are up over 13% to $103.04 following the announcement of a new strategic partnership with Microsoft Azure.
“As part of this launch, Datadog will now be available in the Azure console as a first-class service. This means that Azure customers will be able to implement Datadog as a monitoring solution for their cloud workloads through new streamlined workflows that cover everything from procurement to configuration,” the Datadog press release stated.
Tesla shares are up 2.19% at $428.24 after earlier reports that the company reached record delivery volumes last week.
Via a tweet from @PriapusIQ
Shells London-listed shares started the day positive, but they have ended over 2% lower at 963.9p after the company revealed plans to cut up to 9,000 jobs.
The full story is here: SHELL SHARES RALLY 2.25% ON PLANS TO CUT 9,000 JOBS
Here are the closing prices for some of the European indexes…
FTSE 100 -0.53% 5,866
DAX -0.51% 12,760
STOXX 50 -0.64% 3,193
IBEX 35 +0.04% 6,716
CAC 40 -0.59% 4,803
CTI Biopharma (CTIC) +109.90% – CTI BIOPHARMA (CTIC) STOCK SURGES OVER 175%, HERE’S WHY…
Wanda Sports Group (WSG) +33.33%
Genetron Holdings (GTH) +24.64%
Nikola Corp (NKLA) +12.98%
$NKLA (Premarket): 3.49% $18.50
As we approach the opening of the US markets Nikola Corp shares are up 3.5% at $18.50 after the company released a statement setting out its “strategy and vision to deliver innovative technology, energy and transportation solutions.”
$TSLA (Premarket): +0.69% $421.95
Tesla, Inc. will roll out China-made Model 3 vehicles with lithium iron phosphate batteries according to sources: Tweet via @HammerstoneMar3
G4S shares have surged after news came out that Canadian firm Garda World have offered 190 pence for each G4S share.
Garda World Offers 190 Pence In Cash For Each G4S Share
— LiveSquawk (@LiveSquawk) September 30, 2020
Orosur Mining (OMI) +104% – OROSUR MINING SHARES SURGE OVER 70% AFTER ANZÁ PROJECT UPDATE
888 Holdings (888) +28.91% – Reported H1 2020 results
Yu Group (YU) +27.50% – Reported H1 results
Phoenix Global (PGR) +25.38%
Valirx (VAL) +19.49%
Shares of Boohoo Group PLC (LON: BOO) have surged 3.12% higher after the company released its H1 2020 results indicating that its revenues in the six months ended August 31 rose 45%…
Here is the full story: BOOHOO SHARE PRICE SURGES ON 51% H1 PROFIT GROWTH
Caesars and William Hill have announced an agreement that will see Caesars acquire William Hill for approximately £2.9 billion.
Under the terms of the deal, William Hill shareholders will be entitled to receive 272p per share.
-Asian indexes traded mixed overnight
-The US presidential debate was the main topic of conversation with most reports describing it as chaos and a mix of opinions on who won
-US equity futures fell after the debate with the S&P, DOW, and NASDAQ all down over 1%
-The UK governments Internal Market Bill was approved by the House of Commons
-Disney has said they will let go 28,000 workers due to the coronavirus pandemic
-General Motors will not finalise its deal with Nikola by tomorrow according to a report by CNBC, discussions between the two companies are ongoing
-Shell has announced job reductions of 7,000 to 9,000 by the end of 2022
-In FX markets the US dollar has made some gains so far this morning with the EUR/USD trading at 1.1729
-On today’s calendar we have already seen UK GDP figures. Still to come is German unemployment, Canadian GDP, and US GDP
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