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1:57 PM · 16 July 2020

NASDAQ opens 1% lower

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The mood among American investors is rather poor today. Nasdaq is losing more than 1% at opening, despite the positive news from the US economy. Let us recall that retail sales rose by 7.5% MoM in June. Today, two companies are particularly eye-catching. Twitter (TWTR.US) is losing due to yesterday's hacking into many accounts of famous personalities such as Joe Biden and Elon Musk. Hackers tried to extort money using Twitter accounts (sending requests for Bitcoin transfer). Twitter lost over 4% at the opening.
On the other hand, Tesla (TSLA.US) also lost 4% at the opening. Recent figures show that in California, which is a  key state for the company, Tesla car registrations fell by half in Q2.
Nasdaq (US100) fell sharply at the opening and is testing support level at 10,500 pts. Another strong support is located at 10,300 pts. Source: xStation5
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