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.
US ADP job market data lower than expected 🚩 US100 reacts
The defense industry is recouping losses - is this a trend change?
Market Wrap: Defence stocks rebound, European indices hover at all-time high 🔼 Rheinmetall gains 4%
🚩 Nike Slides After Earnings – Shares Hit a 12-Year Low