Today’s highlights
- Wall Street in the green
- Cryptos in the red
- UK markets recover
US markets close higher
The SPX500, DJ30 and NASDAQ100 all added 0.9% yesterday, with media firms and cruise companies at the front of the SPX500. Seven of the SPX500’s 11 sectors gained more than 1% yesterday, including financials, consumer discretionary, and energy stocks. The one standout at the bottom of the index was Netflix, which closed the day 7.4% lower. In the DJ30, IBM and Nike led the way, with gains of 3.9% and 2.2% respectively. The NASDAQ100 was led by Intuitive Surgical and Moderna, which added 9.9% and 8.1%.
Cryptos mostly lower
The crypto market was seen lower over the past 24 hours, as the majority of top 10 cryptos were in the red at time of writing. Bitcoin was down around 2%, slipping to just above $54,000. Uniswap and Ethereum went against the trend, with the former registering impressive gains of more than 14%, while the latter climbed more than 6% since yesterday.
UK100 comes out positive in mixed day
The UK100 added 0.5% yesterday, taking its year-to-date gain to 6.7%. There were no standout performers at the top of the index; fashion house Burberry, tobacco firm Imperial and gambling firm Entain all added more than 2%, but no stock gained more than 4%. Things looked similar at the bottom of the index: Just Eat Takeaway lost 2.7%, but only three stocks in total fell by more than 2%.
Other highlights
Oil continues to slip: The black gold had another session in the red yesterday, falling below $62. This morning, oil prices were little changed, hovering above $61.
Asian markets mixed: Markets in the East went in different directions this morning. Both the HKG50 and JPN225 were seen slightly higher, while the China50 was in the red at time of writing.
ECB statement coming today: The European Central Bank will publish its most recent Monetary Policy Statement today at 11:45 GMT, followed by a press conference with President Christine Lagarde 45 minutes later. The statement and Lagarde’s words could impact European markets and the Euro.
UiPath jumps on Wall Street debut: Workplace software maker UiPath, which went public yesterday, leapt on its first trading day, closing 38% higher on eToro. For the most recent and significant price movements in markets, check out the Market Movers page.
Juventus slides on Super League news: After jumping on news that a Super League will be formed with top European clubs on Tuesday, yesterday it was reported that the idea failed to receive the support it needed, and the initiative will not take place. As a result, Juventus closed 13.6% lower.
Europe opens higher: Both the UK100 and FRA40 added 31 points this morning, while the GER30 climbed 77 points.
- Cryptoassets are a highly volatile unregulated investment product. No EU investor protection. Your capital is at risk.
- Please note that due to market volatility, some of the prices may have already been reached and scenarios played out.
- The information above is not investment advice.
