Sam is a trader and one of our lead stock analysts at AskTraders. After starting his career predominantly in the forex markets, Sam now focuses on gold and stocks with a preference for macroeconomic analysis.
It wasn’t a great day for US stocks either after their European counterparts closed in the red…
Dow Jones -0.68% 26,469
S&P 500 -0.62% 3,215
Nasdaq -0.94% 10,363
That’s all from me for the week. Enjoy your weekend traders. I’ll see you on Monday!
Shares in Synairgen soared today. Its UK-listed shares closed the day at +9.09%, while in the US its OTC shares close an enormous 34.69% higher.
Here is our most recent story on the stock – SYNAIRGEN SHARE PRICE UP 550% AS CEO NOTES QUICK PROGRESS
Boeing will delay all new 777X jetliners as demand drops for long haul jets. $BA
$BRPAW shares are down 34% .
I’m back, are stocks up yet?
Natuzzi is up 54% today after reports it has renewed accounts-receivables securitization facility for added 5 years.
Nio shares have fallen 4% so far today. The weakness appears to come from the growing US-China tensions after the closures of US and Chines consulates in Chengdu and Houston.
We could see an increase in tariffs or even the banning of certain companies. There was recently talk of TikTok being banned in the US. It looks as though investors are worried Nio could be impacted by the increase in tensions.
FTSE 100 -1.43% 6,122
DAX -2.05% 12,835
EURO STOXX 50 -1.80% 3,311
The US-China escalation has taken its toll on markets the past two days. Risk sentiment has soured.
Here’s how US stocks are doing…
Here is how stocks have performed everywhere outside of the US in Friday sessions…
Intel shares have plummeted over 16% after Q2 report. The company’s next-gen 7nm chips are delayed until at least 2022.
Gold has hit the $1900 level for the first time since 2011. It traded as high as $1906 before dropping to $1902 where it is now at.
A little over half an hour after the US market open, let’s see how they are doing…
Dow Jones -0.43% 26,538
S&P 500 -0.61% 3,215
Nasdaq –1.46% 10,308
Maybe I shouldn’t have looked! Will we see a turn around heading into the weekend?
Tesla shares are down -5.56% premarket.
It’s not good for the bulls so far today…
FTSE 100 -1.13%
EURO STOXX 50 -1.41%
Red across the board in Europe.
Centrica +19% – CENTRICA SHARE PRICE SOARS 38% ON £2.87 BILLION U.S UNIT SALE
Andrew Sykes Group +12%
CVS Group +8%
Nordic Waterproofing Holding +8%
Group LDLC +7%
As expected, the European indices are trading lower so far today…
FTSE 100 -1.82% 6,098
DAX -2.16% 12,820
EURO STOXX 50 -2.08% 3,301
The calendar today includes:
UK retail sales data (It has been released already today and was positive, returning to similar levels seen before the coronavirus pandemic)
UK, EZ and US PMI’s
And, US new home sales
Good morning all…
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