Monday started in poor moods and it only got worse from there. Weekend COVID statistics were backed by action today as Spain introduced the state of emergency, signaling what might occur elsewhere as well. DE30 is tumbling heavily (3.5% already!) as SAP trimmed revenue outlook citing pandemic as a reason. US indices help up fairly well for a while but seem to be bending under pressure eventually. Crucially, US100 has just broken the key support at 11550 and the next support line is at a distant 10670. Keep in mind that all top4 tech companies will publish reports on Thursday (make sure to follow the “News” section for details).
US Open: Wall Street Rebounds Supported by the Technology Sector
Defense stocks under pressure; markets await outcome of talks in Moscow 🏛️
DE40: DAX gains on Tuesday 📈 Bayer surges 10% on unexpected US administration support
All is calm, as BOE gives UK banks a boost
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