Monday’s market action had all the hallmarks of a mixed bag, with the Dow Jones Industrial Average and S&P 500 retreating, while the Nasdaq bucked the trend, climbing higher as Nvidia hit a new all-time high. But let’s not get too carried away by Nvidia’s surge—it masked a subtle bearish intraday undertone as the S&P 500 and Dow slipped from their lofty highs, with traders bracing for a pivotal week of earnings reports.
Tokyo markets, in particular, looks ready to shift into a higher gear, as the inverse correlation between the yen and Japanese stocks has deepened over the past month—when the yen weakens, stocks tend to rally, and vice versa. With the yen under pressure, this trend could boost Tokyo markets. Beyond Japan, however, it might be a tougher road for broader Asian markets as we enter the two-week run-up to the U.S. election.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dow Jones, Nasdaq, S&P 500 weekly preview: Spotlight on retail sales, Q3 earningsDow Jones, Nasdaq, S&P 500 weekly preview: Spotlight on retail sales, Q3 earnings
Source: Investingcom - 🏆 450. / 53 Read more »
Dow slips from record as earnings season picks up steam: Live updatesThe Dow and S&P 500 both closed at record highs on Monday.
Source: CNBC - 🏆 12. / 72 Read more »
Stock Market Today: Dow closes at record high as earnings season continuesStock Market Today: Dow closes at record high as earnings season continues
Source: Investingcom - 🏆 450. / 53 Read more »
Stocks @ Night: Dow Hits Record High, Cisco Soars, Netflix Earnings LoomingCNBC's producers break down the market action as the Dow Jones Industrial Average closes at another record high. They highlight Cisco's surge to a buy rating and look ahead to Netflix's upcoming earnings report. The producers also discuss the recent downturns in Tesla and other notable stocks.
Source: NBCNewYork - 🏆 270. / 63 Read more »
Dow Jones, Nasdaq, S&P 500 weekly preview: Tech earnings underway, Tesla in focusDow Jones, Nasdaq, S&P 500 weekly preview: Tech earnings underway, Tesla in focus
Source: Investingcom - 🏆 450. / 53 Read more »
Earnings guide: Here's what to expect from the 'Mag 7' ahead of third-quarter earningsMegacap tech has powered the two-year bull market. But the stocks have come under pressure as Wall Street wonders whether they have more room to run.
Source: CNBC - 🏆 12. / 72 Read more »