DJ30 sets another record
Trading in US markets was somewhat muted yesterday, as the DJ30 rose 0.11%, the SPX500 closed 0.12% lower, while the NSDQ100 ended the trading day just 0.02% higher. However, the small uptick was enough for the DJ30 to record a new all-time high. The lower volatility is attributed to investors waiting for new developments in the US-China trade deal. While Apple declined slightly, falling from its all-time high, JPMorgan Chase continued to climb, closing 0.22% higher to notch yet another record.
Today’s highlights: Cryptos mostly higher
- Cryptos still mostly higher: The cryptocurrency market was seen higher over the past 24 hours, as the majority of cryptos were in the green at the time of writing. Bitcoin registered minute gains, holding above the $9,300 mark. Of the top 10 cryptos, the largest gains were registered by EOS, which was up more than 5%.
- Xerox reportedly looking to acquire HP: Digital printing giant Xerox is reportedly looking to acquire HP. At present, HP has a market cap that is around triple that of Xerox, however, reports suggest that a major financial institution has informally committed to funding the deal. If the deal goes through, the merger is expected to save both companies around $2 billion annually.
Stocks earnings releases on 06/11/19
Stocks earnings releases on 07/11/19
Earnings season continues: To follow upcoming earnings reports, go to eToro’s Earnings Reports Calendar. Please note that maximum leverage for CFD stocks will be limited to X5 one day ahead of earnings report releases. X10 leverage will be available again soon after the report is published.
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