Facebook (FB.US) was a star during Thursday session as shares soared more than 6% to new all-time high. That was a result of new feature called Reels that allows users to place short videos on Instagram. This is a direct competition to popular TikTok which is under a ban threat from president Trump. Investors obviously bet that this opens new possibilities for the US social media giant.
US100 soared higher towards fresh all-time highs. One can see that it remains in a quite regular upwards channel and corrections have so far been moderate and regular. The upper limit of the channel is around 11650 points.
Daily Summary – Wall Street Rally Driven by Powell’s Promises
TSMC Earnings Preview: Will the Key Semiconductor Supplier Surprise the Market?
Gold hits a record, as stocks rally on earnings strength
US Open: American Indices Rally on Anticipated End of Fed Balance Sheet Reduction
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
