- The U.S. indices show a break in the rotation of capital from large to small companies. The S&P500 is up 0.3%, the Dow Jones remains at levels close to the previous day's closing price, with the Nasdaq 100 leading the gains, gaining almost 0.5%, while the Russell 2000 is trading at a nearly 1.2% discount.
- Despite a positive start to the session in Europe, indexes from the Old Continent mostly lost in intraday terms. The Dax lost 0.5% today, while France's CAC40 lost 0.98%.
- Leading U.S. technology companies are rising ahead of this week's results. Microsoft and Amazon gain 0.8%, Apple is up 0.5%, and Meta is up 1%. The leader of the “Magnificent Seven” today is Tesla, which is up more than 5%, closing half of the price gap created after 2Q24 results.
- McDonald's reported its 2Q24 results today. Despite worse revenues and profits than analysts' consensus, the fast-food giant's earnings declines came in lower than the market expected, and keeping its full-year forecast unchanged allowed the company to keep investors positive. McDonald's stock price is up more than 4% today.
- The Biden administration announced Monday that it had purchased 4.65 million barrels of oil for the country's emergency stockpile, continuing to replenish the depleted reserve. Oil is losing 1.5% today.
- Industrial metals are also recording declines. Copper is losing 0.8%, zinc more than 1%, and aluminium is the worst performer with more than 1.6% discount. As a result, metal quotations have reached their lowest value since mid-March this year.
- Among the G10 currencies, the strongest currency today is the US dollar, gaining more than 0.3% against the euro. In contrast, the strongest declines can be seen in the Swiss franc, which is losing almost 0.3% against the world's reserve currency today.
- Bitcoin opened the new trading week on a positive note. Donald Trump's euphoric comments in the context of the most popular cryptocurrency pushed it to the $70,000 area today, the highest zones tested since June. As trading began on Wall Street, however, the gains began to fall, and Bitcoin has now completely erased them and is losing nearly 0.05% on an intraday basis. Similar sentiment prevailed on Ethereum and other cryptocurrencies.
- The driving force behind the declines may have been news that the U.S. Government transferred $2.02 billion worth of Bitcoins linked to Silk Road. Investors are concerned that these funds may end up on exchanges for resale, thus creating a lot of downward pressure.
Daily summary: AI optimism, Nvidia stock surge & second round of US - Iran talks drive optimism on Wall Street
🔴Three markets to watch next week: all eyes on the Fed (24.04.2026)
US Open: Nasdaq surges as semiconductor stocks improve sentiments on Wall Street
🚩Avid Budget meme stock sinks as panic ended the 600% surge
The material on this page does not constitute as financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other particular needs.
All the information provided, including opinions, market research, mathematical results and technical analyses published on the website or transmitted to you by other means is provided for information purposes only and should in no event be interpreted as an offer of, or solicitation for, a transaction in any financial instrument, nor should the information provided be construed as advice of legal or fiscal nature.
Any investment decisions you make shall be based exclusively on your level of understanding, investment objectives, financial situation or any other particular needs. Any decision to act on information published on the website or transmitted to you by other means is entirely at your own risk. You are solely responsible for such decisions.
If you are in doubt or are not sure that you understand a particular product, instrument, service, or transaction, you should seek professional or legal advice before trading.
Investing in OTC Derivatives carries a high degree of risk, as they are leveraged based products and often small movements in the market could lead to much larger movements in the value of your investment and this could work against you or for you. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice.
