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The “everything goes up” rally is resuming on Wall Street this morning as US stock futures are pointing to a higher opening during the European futures trading session following Joe Biden’s victory in the race for the US presidency. E-mini futures of the S&P 500 are jumping 1.44% at 3,551 so far in the session,…
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Qualcomm stock was trading sharply higher in pre markets today after posting better than expected earnings and optimism over the 5G business. Qualcomm released its fiscal fourth quarter earnings yesterday that were ahead of analysts’ estimates as well as its own guidance. The company reported adjusted revenues of $6.5 billion which was higher than its…
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There is a strong divergence in US stock market futures today. While the tech-heavy Nasdaq is up almost 2.5%, the Russell 2000 futures are down almost 2%. The Dow Jones was also slightly in the red while the S&P 500 was up around 0.4%. US stock markets react to the election results There is a…
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The Dow Jones Industrial Average Index fell 6.5% last week marking its worst week since March. Things could get uglier over the next week with coronavirus cases spiking and the upcoming elections. The S&P 500 and the Nasdaq also fell 5.6% and 5.1% during the last week and had their worst week since the crash…
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US stock markets have fallen for two consecutive days and futures point to a gap down opening today also. Why are US stock markets falling and can you benefit from the slump? Dow Jones futures were down 1.6% in pre markets today while the S&P 500 was down 1.3%. The tech-heavy Nasdaq was down 1%….
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US stock futures are down ahead of Wall Street’s opening bell this morning as a mounting number of virus cases in the country appears to be instilling fears of a potentially prolonged economic shock on investors. E-mini futures of the S&P 500 are trading 0.88% lower this morning slightly above the 3,400 psychological threshold, while…
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Almost a third of the S&P 500 and Dow Jones components including Apple are set to release their earnings this week. What should investors expect from Apple’s earnings and what’re analysts projecting? So far, only Netflix from the FAANG (Facebook, Apple, Amazon, Netflix, and Google) has released its quarterly performance. Netflix’s earnings disappointed the market…
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Snap stock was trading over 24% higher in pre markets today after posting better than expected third quarter earnings. However, Netflix which also reported its earnings yesterday missed consensus estimates and its stock was trading down in pre markets. Snap’s third quarter earnings Snap generated revenues of $679 million in the third quarter which was…
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US stock futures are trading higher this morning during the European futures trading session after seeing five consecutive days of losses amid concerns of renewed lockdowns in Europe and a rising number of daily virus cases in the US. E-mini futures of the S&P 500, Nasdaq 100, and Dow Jones Industrial Average are all trading…
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European markets are sliding this morning as key countries in the region continue to see a spike in the number of daily virus cases, causing concern among investors about a prolonged economic fallout if countrywide lockdowns and other restrictions are back on the table. Today’s losing streak is led by the German DAX index, with…
