- Wall Street indices finished yesterday's trading lower, after a tech driven sell-off. Nasdaq plunged 2.76%, while S&P 500 slumped 1.39%. Dow Jones gained 0.59%. Small-cap Russell 2000 dropped 0.99%
- Sell-off was triggered by media reports suggesting US may place additional trade restriction on chip companies, who provide China with advanced semiconductor technology
- Philadelphia Semiconductor Sector index plunged 6.8% yesterday as chip stock sank. Nvidia dropped 6.6%, while AMD slumped over 10%
- Indices from Asia-Pacific trade mostly lower today - Nikkei slumps 2.2%, Australian S&P/ASX 200 declines 0.3%, Kospi drops 1.2%, Nifty 50 trades 0.1% lower, while indices from China gain 0.2-0.5%
- European index futures point to a slightly higher opening of the cash session on the Old Continent today
- US President Joe Biden tested positive for Covid. Biden has mild symptoms and will self-isolate. He will continue to perform his duties from home
- Australian employment increased 50.2k in June (exp. +20k), while the unemployment rate ticked higher from 4.0% to 4.1% (exp. 4.0%)
- Japanese exports were 5.4% YoY higher in June (exp. 6.4% YoY), while imports were 3.2% YoY higher (exp. 9.3% YoY). Trade balance for June showed 224 billion JPY surplus (exp. 240 billion JPY deficit)
- Major cryptocurrencies gain slightly - Bitcoin gains 0.6%, while Ethereum adds 0.2%. However, altcoin are dropping mostly
- Energy commodities trade mixed - oil gains 0.4%, while US natural gas prices drop 1%
- Precious metals gain - gold adds 0.4%, platinum and palladium gains 0.3% each, while silver jumps 0.5%
- AUD and JPY are the best performing major currencies, while CHF and NZD lag the most
ميران، عضو مجلس الاحتياطي الفيدرالي، يُشير إلى خفضين إضافيين لأسعار الفائدة هذا العام وعملية انكماشية
إدراج أسهم إليك القابضة في سوق دبي المالي
السعودية تستهدف أن يكون 50 % من الناتج المحلي غير النفطي مصدره الصادرات
عاجل: مؤشر إمباير نيويورك أفضل من المتوقع 📌
