Global stocks were mixed Monday after wild swings in tech shares dragged markets lower last week. U.S. stock trading is closed for the Labor Day holiday.
The pan-continental Stoxx Europe 600 rose 1.1%. The Shanghai Composite fell 1.9% and Japan’s Nikkei 225 slipped 0.5%. Korea’s Kospi was among the few risers in Asia, up 0.7%. The gains in Europe came as data on German industrial production showed a continued, but slowing, recovery. But concerns remained that the long-running tech rally which has driven major U.S. benchmarks to record highs, skewing indexes toward technology companies, might be coming to an end.
In the U.S., futures tied to the S&P 500 ticked down 0.2%. Futures tied to the tech-heavy Nasdaq slipped around 1%, after it on Friday posted its largest weekly decline since the week ending March 20. “We’re getting a bit of a rotation out of the stay-at-home trade. That’s boding well for the value and cyclical stocks,” said Mark Haefele, chief investment officer at UBS Global Wealth Management. “It also should be good for Europe as while infections have risen a little bit, death rates are extremely low and people are starting to focus on the recovery.”
Earn with the THE WORLD FOREX EXPERT TRADERS the best binary and Forex platform , i made $10, 000 within a week with just $1500 investment I never believed it's real till I gave it a try Contact the admin Mr Abrantes Rene via Twitter 👇👇👇 abrantesrene
Today's news will impact share price significantly
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:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk Down Nearly $10 Billion In One Week As Tech Stocks PlungeAmazon shares also fell late in the week. The upshot: Jeff Bezos is no longer a $200 billion man. The Market ≠ Personal wealth. He will bounce back!!! Paper losses. Not like he had all these pallets of hundos and was like shit... Where did I put those hundos.
Source: Forbes - 🏆 394. / 53 Read more »
Elon Musk Down Nearly $10 Billion In One Week As Tech Stocks PlungeAmazon shares also fell late in the week. The upshot: Jeff Bezos is no longer a $200 billion man. Ebbs and flows, I’m sure he isn’t worried
Source: Forbes - 🏆 394. / 53 Read more »
Elon Musk Down Nearly $10 Billion In One Week As Tech Stocks PlungeAmazon shares also fell late in the week. The upshot: Jeff Bezos is no longer a $200 billion man. And owners of his cars complain bitterly. lol. I'm surprised they don't report on stock price second by second. Overall Tesla is up like 10x compared to 2019 ...so ... try and say that's somehow bad ... 🤷♂️ Who cares about trumps racist flunky
Source: Forbes - 🏆 394. / 53 Read more »
Stocks like Peloton and Lululemon just scored street-high price targets from top analystsCNBC used TipRanks analyst ranking service to pinpoint Wall Street's best-performing analysts, like Peloton and Lululemon.
Source: CNBC - 🏆 12. / 72 Read more »
The perils of investing and politics: Resist the temptation to sell stocks based on election outcomeSo how do stocks perform in various election sweeps? Knowing the facts will provide us with the wherewithal to make better investment decisions for our future. Have you ever wondered how you can scale up your business and improve your sales with an amazing Landing page and sales funnel? See
Source: USATODAY - 🏆 100. / 63 Read more »
Plunge in software, chip stocks just brought tech back in line with rest of the marketThe downturn in tech stocks Thursday and Friday may have been jarring, but the end effect was bringing overheated software and chip stocks back into line... It’s a temporary recoil, but my charts show that the bulls will triumph again! Don’t think so.
Source: MarketWatch - 🏆 3. / 97 Read more »