US Stock Futures Hold Steady as Investors Await Key Data, Mega-Cap Stocks Falter, and Dollar Weakens | Daily Market Analysis
Key events: UK - Employment Change 3M/3M (MoM) (May) UK - Unemployment Rate (May) Eurozone - ZEW Economic Sentiment (Jul) USA - FOMC Member Bullard Speaks USA - EIA Short-Term Energy Outlook During Monday evening's trading, US stock futures remained within a narrow range. This followed three consecutive sessions of declines in major benchmark averages. Investors were awaiting the release of important inflation data and earnings results later in the week.
Mixed US Stock Futures and Central Bank Actions Drive Market Sentiment on Wednesday | Daily Market Analysis
Key events: USA - FOMC Meeting Minutes During Monday's evening deals, US stock futures exhibited a mixed pattern after a shortened regular session. Tesla Inc (NASDAQ: TSLA) experienced a notable surge of 6.9% due to better-than-expected delivery and production figures.
Wall Street Sees Modest Gains Amid Tesla Surge and Resilient Bank Shares, Setting the Tone for Q3 | Daily Market Analysis
Key events: USA - United States - Independence Day Australia - RBA Interest Rate Decision (Jul) In a shortened session on Monday, Wall Street's primary indices eked out modest gains, supported by a surge in Tesla (NASDAQ: TSLA) and the resilience of bank shares, setting a subdued tone for the start of the second half of the year. Tesla shares experienced a notable increase of 6.9% after the electric vehicle manufacturer announced a record-breaking number of vehicle deliveries during the second quarter.
Mixed Market Reactions Amidst Uncertainties in Russia and Inflation Concerns | Daily Market Analysis
Key events: Eurozone - ECB President Lagarde Speaks USA - Building Permits USA - Core Durable Goods Orders (MoM) (May) USA - CB Consumer Confidence (Jun) USA - New Home Sales (May) On Monday, US stocks concluded the day with a decline as investors exercised caution in their approach towards riskier assets due to uncertainties surrounding the outcome of the disrupted mutiny in Russia over the weekend.
Market Surges as S&P 500 and Nasdaq Reach Record Highs, Investors Await Inflation Data and Fed Meeting | Daily Market Analysis
Key events: UK - Unemployment Rate (Apr) UK - Average Earnings Index +Bonus (Apr) USA - Core CPI (MoM) (May) On Monday, the S&P 500 and the Nasdaq experienced a surge, reaching their highest closing levels since April 2022. Additionally, Oracle (NYSE: ORCL) achieved a record high in anticipation of its quarterly results. Investors were eagerly awaiting inflation data and the Federal Reserve's interest rate decision scheduled for later in the week.
Market Sentiment Remains Cautious Despite Tesla Surge and S&P 500's Winning Streak | Daily Market Analysis
Key events: UK - BoE MPC Member Mann USA - Federal Budget Balance (May) On Friday, the S&P 500 experienced a rise in its closing value, although it fell short of the session's peak levels. The market failed to rally extensively despite a notable surge in Tesla (NASDAQ: TSLA) shares, as investors remained cautious ahead of the Federal Reserve's policy meeting and upcoming inflation data the following week.
Powell's Speech To Hint At the Fed's Position on the U.S. Economy | Daily Market Analysis
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The Last Trading Day in 2022 | Daily Market Analysis
Key events: New Year's Day – Early close The situation seems to be developing according to the worst possible scenario one could come up with for these New Year's Eve days. Santa clearly does not want to come to the stock market. New fears of coronavirus and old fears of a possible recession in the coming 2023 are weighing on investors and keeping the stock bulls from raising their heads. It seems that the latter is trying to resist, but in the end, they do not succeed and day by day they give up one position after another.
Should You Invest in Tesla Before the Stock Split?
Tesla recently announced that it was going to do a stock split in the future. Now, is it time to buy? Even though the situation is still in its early stages and few details are known about the potential split, Tesla's share price surged after the announcement in late March. And after the company's August 2020 stock split, its value soared by about 80%. So far, it's hard to say whether a potential stock split will lead to the same impressive results. But if you've been thinking about investing in Tesla for a while, now might be a good time to buy.