Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Advertisements
Advertisements
Best Prop Firm - Smartproptrader Discount Code
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="supertrader9, post: 221905, member: 32878"] MARKET COMMENTARY Market Wrap: Stocks, Bonds, Commodities On Monday, U.S. stocks closed under pressure after the S&P 500 fell 19 points (-0.45%) to 4,328, the Nasdaq 100 slid 202 points (-1.36%) to 14,689 and the Dow Jones Industrial Average dropped 12 points (-0.04%) to 33,714. The Automobiles & Components (-4.88%), Media (-2.29%), and Software & Services (-1.37%) sectors dropped the most, while the Real Estate (+2.31%), Energy (+1.71%), and Telecommunication Services (+1.48%) sectors outperformed. On the equity front, Tesla (TSLA), the electric-vehicle maker, fell 6.06% after the stock was downgraded to "neutral" from "buy" at Goldman Sachs, while Alphabet (GOOGL), Google's holding company, slipped 3.27% as it was downgraded to "neutral" from "buy" at UBS. Snowflake (SNOW), a software solutions provider, declined 4.72% after expanding partnership with Microsoft to enhance generative AI models, data governance, application development, and field collaborations. Additionally, Snowflake will increase its Azure spend commit. Microsoft (MSFT), the software development company, fell 1.92% following the news. Meanwhile, Carnival (CCL), the world's largest cruise company, dropped 7.59% on third-quarter adjusted Ebitda forecast between 2.05-2.15 billion dollars, against 2.09 billion dollars initially estimated. Finally, Lucid Group (LCID), the electric automotive company, rose 1.46% after it entered a long-term strategic technology partnership with Aston Martin for the integration and supply of Lucid's state-of-the-art electric vehicle powertrain and battery systems in contracts worth in excess of 450 million dollars. On the U.S. economic data front, the Dallas Fed Manufacturing Index improved to -23.2 in June, against -27.0 forecasted and -29.1 reported in May. The U.S. 10-year Treasury Yield dropped 1.7 basis points to 3.717%. European stocks were mixed as the Dax 40 fell 0.11% and the FTSE 100 slid 0.11%, while the Cac 40 rose 0.29%. WTI Crude Futures rebounded 0.3% to $69.37. Spot gold was up $2 to $1,923. Market Wrap: Forex The U.S. dollar index fell 0.1% to 102.77. The U.S. Conference Board consumer confidence index, due later in the day, is anticipated to climb to 103.0 in June. EUR/USD rose 11 pips to 1.0905. In Europe, the German IFO Business Climate Index fell to 88.5 in June, its lowest level this year, against 91.1 expected and 91.5 in May. GBP/USD slipped 3 pips to 1.2711. USD/JPY dropped 19 pips to 143.51 and USD/CHF fell 13 pips to 0.8957. AUD/USD was down 5 pips to 0.6675. USD/CAD lost 27 pips to 1.3156. Canada's manufacturing sales grew 0.8% on month in May, above 0.1% expected, and wholesale sales rose 3.5%, above 0.5% estimated. Later today, Canada's consumer price growth is expected to slow to 3.6% on year in May. Bitcoin traded lower to $30,202. [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…