Showing posts with label Nasdaq. Show all posts
Showing posts with label Nasdaq. Show all posts

Friday, 3 August 2018

Apple with capitalization over $1 trillion, growth for US indices

The big news of yesterday's day is the rise in Apple's market capitalization above the psychological limit of $1 trillion. The question now is, how long will the tech giant hold there.
The US indexes ended yesterday mainly on positive territory.
Best results, of course, had the technological Nasdaq. Driven by Apple's appreciation of 2.8%, the index added 1.2% to its value.
The broad S&P 500 added 0.5% to its value, while the blue chip index Dow Jones recorded a drop of 7 points.
The yield on 10-year US bonds declined again below 3%, although it remained extremely close - at 2.986%. Interest on long-term 30-year government bonds reached a level of 3.118%.


Tuesday, 5 June 2018

Nasdaq Composite with a new historic record on Monday

The Nasdaq Composite tech index rose yesterday to levels above its highest historic closing. The benchmark was traded at 7,600 points or above its highest closing level of 7,588.32 points.
It should be borne in mind that the highest value reached in the index was momentary at 7 637.27 points on March 13 this year.
The rise in the technology index, as well as the other US indices, has become a reality in a context of lowering political tensions in Europe and declining the dollar.
The Dow Jones Industrial Average rose 174.7 points, or 0.71 percent to 24,809.91 points, while the S&P 500 added only 8.01 points, or 0.29 percent to 2,742.63 points.
The MSCI Global Monetary Index rose 0.54%. European indexes added 0.22% to their value.


Wednesday, 9 May 2018

US stocks fell due to Trump's decision to withdraw from the Iranian contract

US stocks fell on Tuesday after President Trump announced his intention to abandon a nuclear deal with Iran. The S&P 500 fell 0.03% to 2,671.92. At the same time, seven of the 11 main sectors completed trading in the red zone. The Dow Jones index added 0.01% to 24360.21. The Nasdaq index rose by 0.02% to 7130.70. Strengthening of the dollar continued: the ICE dollar index, which rates the US dollar to a basket of six major currencies, rose by 0.3% to 90,055 and now it continues to grow. Futures on the stock indices indicate mixed opening today.
President Trump's statement that the US is withdrawing from a multilateral nuclear deal with Iran, concluded in 2015, has become the main driver of the market, as the reporting season for the first quarter ends. So far, 78% of S&P 500 component companies reported earnings that were higher than expected. But optimistic reports have not provided the expected increase in the stock market, as investors are concerned about the impact of tightening the monetary policy of the Fed and the possibility of a trade war between the US and China.


Friday, 16 February 2018

US indices continue upward

US indices continued with recovery after last week's record sales. The Dow blue chip index rose above 25,000 points for the first time in two weeks.
The index added more than 300 points yesterday, in its fifth consecutive increase. This was his longest winning series of about 9 weeks, and at the same time the highest value for the benchmark of at least 2 weeks.
The S&P 500 index also rose 1.2% to 2,731 points, while the Nasdaq rose also above 1%, driven by the appreciation of Apple shares. The latter added nearly 3.4% to their value after the news that Warren Buffett had raised its holdings in the company.


Tuesday, 6 February 2018

Something unseen happened on US markets yesterday: S&P 500 lost 4%

The collapse in stocks in the US markets yesterday reached unprecedented levels. The S&P 500 index lost 4.1% of its value, ending at 2 648.94 points.
Losses in the other indices were no less, with the Dow Jones Index dropping by more than 1,175 points, or 4.6%. With a bit lower losses was the Nasdaq technology index, which lost 3.8% of its value.
From now on, the good news for investors is that the long-awaited correction is a fact, and even painful, may not be particularly long. The bad thing is that it is still unclear whether this is the beginning of something more serious as a trend in financial markets.
The broad index S&P 500 has already lost nearly 10% of its peak. So, the statistics for long periods without a 3% correction, or 5% correction, is already in the history. The record session was interrupted, so counting could start again.


Swan dive for stock markets


Yesterday's session can be described as crazy. With the markets rising by the opening, they quickly dropped seriously. However, there was a real fall in the indices once the S&P 500 overcame its 50-day moving average, at a level of 2,730 points, and the Dow index fell below 25,000 points.
How and when the correction is going to be done, hardly many experts would be willing to say. But one thing is certain - the end of the world has not come, and investors can start looking for positions that did not react seriously to the index decline.
Last week, it was the worst for markets since 2016, with both Dow and S&P 500 recording more than 2% loss on Friday.
Decline on Monday was driven by energy companies such as Exxon Mobil, whose shares declined by more than 4%, while companies like Johnson & Johnson and Pfizer lost more than 2% of their value.
Only four of Dow's blue chips traded in positive territory yesterday.
The decline in the indexes came to the attention of the Trump administration, from where they said they were always worried when value was lost on the market.

Interest on 10-year US government bonds continues to raise concerns among investors. They are at levels of 2.84% after last week reached their highest level of four years at 2.85%.


Wednesday, 31 January 2018

Dive for US indices

The record start of the year for the US indices could not last forever. And that was known by all market players. So, yesterday's stock sellouts should not be surprising to investors.
The Dow index lost 360 points, or 1.4% to 26 076.89 points, and the broad S&P 500 declined 1.1 percent to 2 822.43 points. This was the biggest drop for broad index since August last year.
Serious sales also has the technological Nasdaq, falling 0.9% to 7 402.48 points.
The big winner in this case was the volatility index, which is already over 40% above its lowest levels last month.
What were the reasons for yesterday's correction, in a state of good performance from US companies? Many and various. From the general belief that the growth since the beginning of the year has been excessive and too fast to the expectations of an aggressive policy by the Fed and the change of leadership of the reserve, which traditionally leads to shocks, at least historically.




Wednesday, 20 December 2017

Nasdaq passed 7,000 points for the first time in history

The Nasdaq Technology Index has passed the psychological limit of 7,000 points for the first time in its history on Monday. The other two indexes, S&P and Dow, rose to new record highs. The hopes that tax cuts will be the Christmas gift to investors were at the core of stock market growth.
The broad S&P 500 rose to nearly 2,700 points, from which the border only separated a few points.
The US indices enjoyed an almost year-round rally this year, focusing on their best performance in 2013.
Twitter's stocks were among the highest rising for the day, adding over 8%. This happened after JPMorgan predicted double-digit growth in social networking users next year.


Monday, 20 November 2017

The US dollar and the US indices ended Friday with declines

The US dollar ended the last day of last week with a loss, in line with the US indices. The latter ended at their lowest values ​​for the day as a result of skepticism about Trump's tax reform.
Interest on US government bonds declined as well as those in 10-year German bonds, as a consequence of risk exclusion on the part of investors.
Good data on US home construction in October raised investor stakes for further interest rates, at the Fed meeting in December.
The dollar index fell 0.28%, with the euro adding 0.2% to 1.1793 at the end of last week.
The blue Dow Jones Industrial Average index lost 100.12 points, or 0.43% to 23,358.24 points, while the S&P 500 fell 6.79 points, or 0.26% to 2 578.85 points. Technological Nasdaq Composite lost 10.5 points, or 0.15% to 6 782.79 points.
Two-year interest on US bonds reached a new nine-year high at 1.73%.


Thursday, 2 November 2017

US indexes with new records, Fed hinted at a December rate hike

Fully expected, Fed retained interest rates yesterday after the two-day meeting of the Monetary Policy Committee. This led to a rise for US indices, with the S&P 500 broad index closed up by 0.16%, to 2 579.36 points.
The Dow Jones blue chip index rose by 140 points at one point, but eventually ended with an increase of 57 points to a level of 23,435 points.
Technological Nasdaq lagged behind its performance, down by 0.2 percent to 6,716.53 points, driven by a 1.3 percent decline in Apple's stock.
Fed responded to the average market expectations and kept the interest rate unchanged. Only 1.5% of analysts forecasted higher interest rates. But the Fed has left the door open for December's interest rate hike. Expectations for this are already nearly 100%, according to CME's FedWatch.


Thursday, 12 October 2017

Trump: The tax reform will push the indexes up

President Trump said yesterday that his planned tax reform would make stock markets rise sharply.
The stock markets added $5.2 trillion of the November 8 election victory, or a 25% growth, according to Trump's post on the Twitter social network, where he is very active.
Trump added that unemployment in the US has been the lowest since 16 years. He said, that if the Congress has given an approval for the massive tax reliefs and reforms that he asked asking, the values ​​for the markets will continue to grow.
From November 8, the Dow Jones Industrial Average blue index rose by 25%. At the same time, the broad S&P 500 grew by about 20% and the Nasdaq by 27%.
In terms of unemployment, at 4.2%, it is the lowest since February 2001.
Trump did not hasitated to invoke the "fake media", to pay attention to the actual stock market growth figures since his election victory.
Market participants, however, are divided on whether the forthcoming tax reliefs are "reflected" in the prices of financial assets. Overall, they are unanimous that they will have a positive impact on the economy and stock prices in the medium term.


Saturday, 8 July 2017

Technical problem with quotes appreciated Apple by 348%

False quotes linked to some of the world's largest technology companies plunged investors' screens after the US markets closed on Monday.
Nasdaq stock exchange released astatement, saying that the information providers rather than the stock exchange were responsible for the wrong quotes.
The data was distributed by third parties after the US market closed earlier in the week, in connection with the Independence Day celebration.
The stockbroker has tested its information system, which has led to wrong quotes in vendors such as Google Inc. And Bloomberg LP, the parent company of Bloomberg News.
According to "wrong data," shares of companies such as Amazon.com Inc. and Microsoft was showing a decrease in its prices by more than 50%. At the same time, Apple's shares seemed to have risen by 348%.
For the last time, such a situation happened in 2013, but then stock trading was held for three hours because of wrong quotations.


Tuesday, 20 June 2017

New records for US indices

US indices reached new record highs yesterday. The Dow Jones Industrial Average added 144.71 points, or by 0.68% to 21 528.99 points. This was its highest value, both in the day and in history. Since the beginning of the year, the indicator has added 8.9% to its value.
The broad S&P 500 rose by 20.31 points, or 0.8%, to a level of 2 453.46 points. Since the beginning of the year, the increase in the indicator is 9.6%.
The Nasdaq Composite Index rose by 1.4% to 6 239.01, with its daily increase being highest since November 7. The tech index is only 80 points from its historic record of June 8.
Among the companies with the most significant growth, Apple has boosted its market capitalization by 2.9%, its biggest gain since February.
The technology sector will most likely continue to be the focus of investor interest. Experts predict that it will most likely continue to weigh over the overall market, given the expectations of rising interest rates and not very good macroeconomic data lately.


Thursday, 27 April 2017

"The Big Five", which brought the growth of the US market in 2017 (2)

Apple shares, the maker of the popular iPhone, rose by 23 percent this year. Alphabet, Google's parent company, added 9 percent, and Microsoft increased by 6 percent.
With the most since the beginning of the year, the shares of the biggest social network in the world - Facebook, increased by 25%. Amazon shares also registered an increase of over 20%.
We should also point out that the broad US S&P500 today is traded above its 200-day moving average, which is a positive signal. However, between 120 and 130 of the broad indicator's components still have prices below this average.


"The Big Five", which brought the growth of the US market in 2017 (1)

US indices performed well for the first four months, accounting for several percent of their record highs.
And while investors and analysts are arguing about this - expensive or inexpensive is the market, and where is the next bigger move, here are the five companies, who became the "pillars" of the rise.
And these companies are mostly from the technology sector. Companies such as Apple, Alphabet, Microsoft, Amazon and Facebook, except for the rise in the broad US S&P 500, also contributed to the record highs of technological Nasdaq on Thursday of last week.
The five companies made up between 12% and 13% of the capitalization of the 500 largest US companies.


Thursday, 20 April 2017

US Stock Markets - 20/04/17

On Wednesday key US indices closed down, with only Nasdaq Composite adding +0.23% and closing at 5863.03 points.
The broad S&P 500 wiped out -0.17% of its value and ended the session at 2338.17 points, while the Dow Jones was down by -0.58% and closed at 20404.49 points.
The IBM report has mixed messages after the technology company's earnings have exceeded expectations, but revenue has been down for the twentieth consecutive quarter on an annual basis, and eventually the company's shares ended the day with a decline of -4.92% to $191.69 a share.
Morgan Stanley reports the highest percent revenue growth from bond trading among its Wall Street rivals, and the net profit of the bank jumped by 70 percent to $1.93 billion in the first quarter of 2017.
After the end of the session, the American Express, eBay and Qualcomm reports are expected.


Tuesday, 31 January 2017

Donald Trump stopped the rise of markets

This week began with sales on both sides of the Atlantic amid decree signed by President Donald Trump, who imposed a ban on entry into the United States of refugees coming from seven mainly Muslim countries.
The German Dax 30 fell by 1.12% closing at 11 681.89 points. The top three losers in the index were Thyssenkrupp AG with a daily decline of 3.61%, followed by RWE AG ST and Deutsche Bank AG respectively with 3.34% and 2.97%.
UniCredit announced today that it will not meet the requirements of the European Central Bank in 2016 and the company's shares fell by more than 5.4 percent.
FTSE100 also recorded a decline of 0.92%, and ended the daily trading at a level of 7 118.48 points.
CAC40 closed at 4784.64 points wiping new 1.14% of its value.
Overseas situation was similar, as Dow Jones closed at red territory lowering its value by 0.61%, closing at 19971.13 points.
US data showed growth in personal income in December by 0.3% MoM, which was below expectations of 0.4%.
The broader index SP500 fell by 0.60%, closing the day at 2 280.25 points.
Nasdaq Composite dropped by 0.83% and closed the session at 5 613.71 points.