Analyst ViewsU.S Markets, activities on the U.S. bourse on Tuesday was positive across the board with investors' appetite on the bullish side. The S&P 500 rose 1.2% exiting the correction it entered in February when it fell 10% below its last peak. The Dow Jones Industrial Average tacked on over 339 points or 0.9% and the Nasdaq Composite jumped 1.8%
Ticker |
Security |
Last |
Change |
Change % |
I:DJI |
DOW JONES AVERAGES |
35294.19 |
+338.30 |
+0.97% |
SP500 |
S&P 500 |
4631.6 |
+56.08 |
+1.23% |
I:COMP |
NASDAQ COMPOSITE INDEX |
14619.636239 |
+264.73 |
+1.84% |
Commodities, The optimistic ceasefire possibilities of Russia-Ukraine talks helped push U.S. oil down to $104.24 per barrel. Gold fell for the third straight session to $1,912 an ounce.
Ticker |
Security |
Last |
Change |
Change % |
USO |
UNITED STATES OIL FUND L.P. |
76.13 |
+1.58 |
+2.12% |
BNO |
UNITED STS BRENT OIL FD LP UNIT |
30.93 |
+0.54 |
+1.78% |
GLD |
SPDR GOLD SHARES TRUST - EUR ACC |
179.13 |
+0.05 |
+0.03% |
Corporate actions, in other deal news, Nielsen Holdings will be acquired in an all-cash deal valued at $16 billion, including debt, by private equity firms Brookfield Asset Management and Elliott Management Corp.
Ticker |
Security |
Last |
Change |
Change % |
NLSN |
NIELSEN HOLDINGS PLC |
26.73 |
+4.53 |
+20.41% |
Morgan Stanley confirmed plans to enter the exchange-traded fund business by launching a "first-class ETF platform" later this year. The move is taking on rivals, including BlackRock and State Street.
Ticker |
Security |
Last |
Change |
Change % |
MS |
MORGAN STANLEY |
91.84 |
+0.59 |
+0.65% |
BLK |
BLACKROCK INC. |
773.37 |
+23.50 |
+3.13% |
STT |
STATE STREET CORP. |
91.98 |
+1.89 |
+2.10% |
Meme stocks AMC, GameStop and Bed Bath & Beyond remain active triggering at least one trading halt on the New York Stock Exchange.
Ticker |
Security |
Last |
Change |
Change % |
AMC |
AMC ENTERTAINMENT HOLDINGS INC |
29.44 |
+0.09 |
+0.31% |
GME |
GAMESTOP CORP. |
179.74 |
-10.24 |
-5.39% |
BBBY |
BED BATH & BEYOND INC. |
27.23 |
+0.91 |
+3.46% |
FedEx Corp shares in focus after CEO Fred Smith announced he will move to an executive chair role in June. Raj Subramaniam will be replacing Smith as CEO and president effective June 1, the package-delivery giant announced Monday.
Ticker |
Security |
Last |
Change |
Change % |
FDX |
FEDEX CORP. |
238.58 |
+8.54 |
+3.71% |
Chipmakers focus with Micron set to report after the bell.
Ticker |
Security |
Last |
Change |
Change % |
MU |
MICRON TECHNOLOGY INC. |
82.05 |
+2.19 |
+2.74% |
INTC |
INTEL CORP. |
52.25 |
+0.74 |
+1.44% |
NVDA |
NVIDIA CORP. |
286.56 |
+4.37 |
+1.55% |
In cryptocurrencies, Bitcoin hovered around the $47,000 level.
Consumer confidence index- for March rose to 107.2, lifting off from the lowest level since February 2021. And home sales surged by over 19%, according to Case-Shiller's latest data for January, with 16 of 20 cities notching price increases.
SPOT MARKET BY THE HOUR AS OF GMT 09: 46 03-30-22
European Market, The markets are hesitant and pulling back not being sure on Russian promises over Ukraine. London's FTSE climbed by 0.05% to 7,540.89, Germany's DAX retreated by 1.27 to 14,632.32 while France's CAC also pulled back by 0.92% to 6,729.79.
SOURCE: CNBC
IMAGE SOURCE: PIXABAY
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