Apple is little affected by the poor performance of Wall Streeet. The tech giant stock is still below $150 and rangebound. AAPL is likely to follow the market higher. Update August 31: AAPL ended Tuesday down 0.84% at $151.83, retreating from an intraday high of $152.80. The share hit an all-time high on Monday after
Month: August 2021
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The latest data revealed that China’s economy continued to lose momentum. The PMI report from the National Bureau of Statistics (NBS) showed disappointment in both manufacturing and services activities. Stability of the renminbi (a.k.a. Yuan, CNY) is mainly due to government’s control and is not reflective of the headwind the economy is facing. We expect
Doubt down for the third time in four trading days The US stocks have open lower. The Dow is down for the third time in four trading days The S&P and NASDAQ open lower after closing at a record levels yesterday The stock market gave up earlier premarket gains The S&P closed at a new record
US August consumer confidence 113.8 vs 124.0 expected Coming Up! Title text for next article LON +1 SDNY+11 NY -4 TYO +9 GMT US August consumer confidence data from The Conference Board Prior was 129.1 (highest since the start of the pandemic) This is the lowest since Feb Estimates ranged from 110.0 to 131.0 Details:
New Delhi: Gold in the national capital on Tuesday dipped Rs 100 to Rs 46,272 per 10 gram amid rupee appreciation, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 46,372 per 10 gram. Silver also dipped Rs 134 to Rs 62,639 per kilogram from Rs 62,773 per kilogram
Gold has benefited from the upbeat mood, extending its gains above $1,815. The $1830 level continues to lure XAU/USD buyers while the focus is on US data, FXStreet’s Dhwani Mehta briefs. See – Gold Price Forecast: XAU/USD to hit $1900 as Powell is all-in on transitory inflation – TDS Gold’s hourly chart shows more room to
Trading is relatively subdued in Asian session today with most major pairs and crosses staying inside Friday’s range. Some additional pressure is seen in USD/JPY but loss is so far limited. Markets seemed to have well digested Fed Chair Jerome Powell’s balanced message on tapering already. Attention will turn to this week’s heavy-weight data like
Venezuelan authorities are on the lookout for a scammer accused of disappearing with 23.66 Bitcoin (BTC) worth $1.15 million from his clients’ accounts after faking his own kidnapping. On Aug. 29th, Douglas Rico, director of Venezuela’s Scientific, Criminal and Criminal Investigations Corps (CICPC) issued a statement asserting that 23-year-old, Andrés Jesús Dos Santos Hernández, was
53rd record close level for the S&P in 2021 The S&P and NASDAQ closed higher and at record levels again. The Dow industrial average fell modestly. Highlights include: S&P and NASDAQ up for the seventh day in the last eight S&P closes at a record level for the 53rd day NASDAQ in 2021 NASDAQ index
This is another of the inputs into the GDP data due tomorrow. While export prices rose volumes fell. The minus 1% is a hefty chunk out of the GDP result, eyes will be focused on if tomorrow’s final GDP is positive q/q. Other data out that’ll contribute to the GDP result is slightly more encouraging
NEW DELHI: Copper prices on Monday traded up by 0.59 per cent at Rs 723.25 per kg in the futures market on the back of a pick-up in the spot demand. On the Multi Commodity Exchange, copper contracts for delivery in September traded higher by Rs 4.25, or 0.59 per cent, to Rs 723.25 per
A pending sale sign in front of a home in Miami. Getty Images Signed contracts to purchase previously owned homes fell 1.8% in July from June, according to the National Association of Realtors. Sky-high home prices have caused affordability to drop dramatically in the last several months. The median price of an existing home was
In this article ZM Zoom CEO Eric Yuan speaks before the Nasdaq opening bell ceremony in New York on April 18, 2019. Kena Betancur | Getty Images Zoom shares fell as much as 10% in extended trading on Monday after the video-calling software maker reported fiscal second-quarter earnings that beat analysts’ expectations, but showed slowing
NYSE:NIO fell by 0.66% on Monday, as investors turn cautious. The Chinese Government implements new data protection laws that affect EV Makers. XPeng President is confident that EV Makers will not be negatively affected. Update August 30: Nio Inc (NYSE: NIO) ended Monday down 0.66% at $37.80 per share, as Wall Street was torn between US
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