BOE policy meeting, tech stocks, Tesla's EU sales - what's moving markets

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 53%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

BOE policy meeting, tech stocks, Tesla's EU sales - what's moving markets

Investing.com -- Tech stocks look set to drive Wall Street higher, with chipmaker Nvidia leading the way. The Bank of England is widely expected to keep interest rates unchanged, yet the Swiss National Bank cuts rates again.) has led the way, becoming the most valuable company in the world earlier this week , with enthusiasm towards all things AI driving the gains.data later in the session, as investors look for more clues towards when the Federal Reserve will start cutting interest rates.

It is now worth $3.34 trillion, having ended trading on Tuesday at nearly $136, making it more valuable than fellow tech giant Microsoft , a U.S. electric carmaker, to state that it was likely to increase the price of its China-made Model 3 when the EU measures come into effect. This drop was led by a sharp 30% reduction in Germany, the bloc's largest electric vehicle market, after the country ended late last year subsidies for buying EVs.showed U.S. crude stocks rose by just over 2 million barrels in the week ended June 14, suggesting weakening demand even during the important summer driving season.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 450. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines