Yesterday we saw another tough day in the markets across the board, continuing trends we have seen emerging so far this month. Starting in the US, it was another day of sliding for all 3 major indexes – The Dow Jones lost 1.07%, the Nasdaq lost 1.2%, while the S&P500 slid 0.8%, to mark its biggest losing streak since August. The pullback comes as 2 critical results come out later this week – Nvidia’s Q3 earnings, and the US September jobs report – demonstrating how overevaluation of...
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Yesterday we saw another tough day in the markets across the board, continuing trends we have seen emerging so far this month. Starting in the US, it was another day of sliding for all 3 major indexes – The Dow Jones lost 1.07%, the Nasdaq lost 1.2%, while the S&P500 slid 0.8%, to mark its biggest losing streak since August. The pullback comes as 2 critical results come out later this week – Nvidia’s Q3 earnings, and the US September jobs report – demonstrating how overevaluation of...
Record sales couldn’t save Nasdaq listed Tesla and Netflix from steep share price falls this week, as the companies navigated everything from expiring tax credits and global regulatory risks to intense competition. Meanwhile, the ASX200 posted a 0.39% slide (Mon – Thurs), as a slump in materials stocks weighed on market gains. In this week’s wrap, Grady covers: (0:26): why Tesla’s latest results show record sales but falling profits (1:10): why Netflix missed third- quarter expecta...
Between the Bells
Yesterday we saw another tough day in the markets across the board, continuing trends we have seen emerging so far this month. Starting in the US, it was another day of sliding for all 3 major indexes – The Dow Jones lost 1.07%, the Nasdaq lost 1.2%, while the S&P500 slid 0.8%, to mark its biggest losing streak since August. The pullback comes as 2 critical results come out later this week – Nvidia’s Q3 earnings, and the US September jobs report – demonstrating how overevaluation of...
