Home / FINANCE / STOCKS TICK HIGHER: Here’s what we need to know

STOCKS TICK HIGHER: Here’s what we need to know


man stone climbing bouldering
Flickr/Pierce
Martin

The thesis for a second half of this week in markets has been
rising tensions between a US and North Korea. Those
geopolitical tensions sent markets reduce on Wednesday and
Thursday, violation a prolonged streak of gains.

Friday was a bit different, as many markets rose. Investors’
uncertainty, totalled by the
VIX sensitivity index, is still during aloft levels not seen
given a election, though stock markets are behind to positive
returns.

The SP 500 has sealed within 0.30% of a opening turn in
16 of a final 17 days of trading. The index sealed 0.07% higher
on Friday. The Dow sealed adult 0.07% and a Nasdaq was adult 0.64%.

First up, a scoreboard:

  • Dow: 21,858.32,
    +14.31, (+0.07%)
  • SP
    500:
     2,441.32, +3.11, (+0.13%)
  • Nasdaq: 6,256.56,
    +39.68, (+0.64%)
  • US
    10-year yield:
     2.189%, (-0.022 pp)

  • WTI wanton oil:
    $48.80, +0.21, (0.43%)

Top Stories

  1. Stock marketplace fear is erupting as North Korea tensions
    mount. The VIX is a magnitude of volatility, and it has been
    rising like crazy recently.
  2. Jeff Gundlach’s ‘free money’ trade is already paying
    off. The important financier gamble on a VIX
    index and totally nailed a call.
  3. Henry Blodget says record competence destroy jobs, though it
    also creates them. The economy is flattering good at
    adapting, so robots competence not be sitting during your table anytime
    soon.

  4. We did a math to see if it’s value shopping a sheet for the
    $393 million Mega Millions jackpot. When we cause in
    taxes, it competence not make most clarity to buy a ticket.

  5. Two of a biggest chip makers have really opposite views on
    cryptocurrencies. Nvidia and AMD both have seen a
    boost from a impassioned currencies, though remonstrate on how to deal
    with a growth.

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looks for in immature Wall Street recruits

What analysts are observant about Snap’s unsatisfactory second
quarter

Saudi Aramco is reportedly disposition towards inventory a IPO in New
York

Snap confirms that it paid $213 million to buy Zenly and $135
million for Placed

 

Get a latest Tesla batch cost here.

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