Deals

News Photos

Tech Rout Sends Stocks to Worst Week Since March: Markets Wrap
Click on the image below to view in Stereo 3D

Futures Drop on Tech Worry; Europe Stocks Recover: Markets Wrap
(Bloomberg) -- Fresh concerns about the outlook for technology giants fueled a decline in stocks and U.S. equity-index futures on Friday. European shares erased declines after a string of positive earnings reports.Nasdaq 100 contracts fell as much as 2.7% after profit misses from Twitter Inc. and Apple Inc. In Europe, tech stocks also faltered, though a rally in bank stocks led a recovery of the benchmark Stoxx Europe 600 index after Banco Bilbao Vizcaya Argentaria SA and two other Spanish lenders reported an improved picture for soured loans. Total SE climbed after posting third-quarter profit that exceeded the highest analyst estimate, while maintaining a dividend.The dollar and Treasuries were steady, while European bonds slipped. Crude oil edged higher in New York.Weakness in technology shares is adding to volatility that’s likely to remain elevated heading into next week’s U.S. election. Global equities are on course for the worst weekly decline since March as lockdown measures in some countries and the lack of an agreement on U.S. stimulus dent sentiment. New U.S. coronavirus cases topped 89,000, setting a daily record.“Our short-term risk-appetite indicator is firmly in negative territory,” said Jean-Francois Paren, head of global markets research at Credit Agricole CIB, in a note to clients. “The adjustment of risky asset prices to the weaker epidemic and economic outlook could continue, which is not encouraging for risk asset prices in the coming days, especially given the uncertainty regarding the U.S. elections.”Here are the main market moves:StocksThe Stoxx Europe 600 Index advanced 0.1% as of 9:33 a.m. London time.Futures on the S&P 500 Index decreased 1.1%.Nasdaq 100 Index futures declined 1.5%.The MSCI Asia Pacific Index sank 1.3%.CurrenciesThe Bloomberg Dollar Spot Index fell 0.1%.The British pound climbed 0.2% to $1.2958.The Japanese yen strengthened 0.3% to 104.33 per dollar.The onshore yuan strengthened 0.4% to 6.689 per dollar.BondsThe yield on 10-year Treasuries fell less than one basis point to 0.82%.Germany’s 10-year yield climbed one basis point to -0.63%.Britain’s 10-year yield gained two basis points to 0.236%.Italy’s 10-year yield gained five basis points to 0.738%.CommoditiesWest Texas Intermediate crude climbed 0.6% to $36.37 a barrel.Gold strengthened 0.4% to $1,875.09 an ounce.LME nickel sank 2.3% to $15,170 per metric ton.Iron ore surged 1.8% to $116.25 per metric ton.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
More Description
Image URL


U.S. Tech Falls on Results; Asia Stocks Look Mixed: Markets Wrap
(Bloomberg) -- Fresh concerns about the outlook for technology giants dragged U.S. equity futures lower, while Asian stocks looked poised for a mixed start on Friday. The dollar held overnight gains and Treasury yields rose.Contracts on the Nasdaq 100 and S&P 500 sank following a string of reports from Amazon.com Inc., Facebook Inc., Alphabet Inc. and Apple Inc. The iPhone maker fell about 5% in after-hours trading. The S&P 500 had earlier bounced back a day after its biggest rout in four months, with investors encouraged by better-than-forecast economic data even as they kept a wary eye on growing coronavirus infections. Benchmark Treasury yields climbed back past 0.80%. Australian shares opened marginally higher.Elsewhere, oil slid to a multi-month low on fears of demand destruction from tighter lockdown measures. The euro weakened after the European Central Bank paved the way for a package of fresh easing in December to deal with a worsening economic outlook.Uncertainty remains elevated heading into next week’s U.S. election and global equities are on course for the worst weekly decline since June amid new lockdown measures and the lack of agreement on a U.S. stimulus plan. The Covid-19 surge in the Midwest rose to a record, led by single-day highs in Kansas, Iowa and South Dakota as the region’s outbreak spread toward both coasts.“There is going to be more volatility ahead of the election,” Quincy Krosby, chief market strategist at Prudential Financial Inc., said on Bloomberg TV. “Over the weekend folks are going to be focused on Pennsylvania to see whether or not Biden is gaining there. The concern is if he gains a little bit, that may be one where you could actually look to a contested election.”Here are the main market moves:StocksS&P 500 Index futures fell 0.7% and Nasdaq 100 contracts were down 1% as of 8:34 a.m. in Tokyo. The S&P 500 rose 1.2% on Thursday.Futures on Japan’s Nikkei 225 fell 0.2%.Hang Seng futures earlier added 0.3%.Australia’s S&P/ASX 200 Index gained 0.3%.CurrenciesThe Bloomberg Dollar Spot Index was steady after increasing 0.4% Thursday.The yen was at 104.55 per dollar.The offshore yuan traded at 6.7061 per dollar.The euro bought $1.1677.BondsThe yield on 10-year Treasuries rose five basis points to 0.82% on Thursday.Australia’s 10-year yield was at 0.83%.CommoditiesWTI crude declined 0.1% to $36.14 a barrel.Gold was at $1,868.22 an ounce.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
More Description
Image URL


Tech Rout Sends Stocks to Worst Week Since March: Markets Wrap
(Bloomberg) -- U.S. stocks dropped, extending their worst weekly rout since March, after earnings from the biggest tech companies disappointed investors concerned that a slowing economy will damp profit.The Nasdaq 100 led losses among major U.S. stock gauges, dropping as much as 3% after Apple Inc.’s iPhone sales and Twitter Inc.’s user growth both missed estimates, though Google parent Alphabet Inc. jumped after reporting a rebound in advertising. But the declines were broad, with more than four stocks falling for every one that gained on the S&P 500, which extended its weekly decline to about 6%. The dollar slipped and Treasury yields ticked higher.The tech slump, coming after an unprecedented run higher this year, is adding to volatility that’s likely to remain elevated heading into next week’s U.S. election. Global equities are on course for the worst weekly decline since March as lockdown measures in some countries and the lack of an agreement on U.S. stimulus dent sentiment. New U.S. coronavirus cases topped 89,000, setting a daily record.“Today’s action is a reminder of just how fickle markets can be,” said Yousef Abbasi, global market strategist at StoneX. “The earnings themselves were not awful, but the market has priced tech to near perfection and thus one fly -- maybe even a fruit fly -- in the ointment could perpetuate a sell-off.”In Europe, equities edged lower. Tech stocks also faltered as did Danish drug giant Novo Nordisk A/S, whose earnings disappointed analysts. Banks rose after Spain’s BBVA SA and the U.K.’s NatWest Group Plc reported improved pictures for soured loans.Elsewhere, spot gold prices rose. Crude oil slumped in New York.Here are the main market moves:StocksThe S&P 500 Index decreased 2% as of 11:43 a.m. New York time.The Nasdaq 100 Index dropped 3%.The Stoxx Europe 600 Index fell 0.2%.The MSCI Asia Pacific Index sank 1.8%.CurrenciesThe Bloomberg Dollar Spot Index rose less than 0.1%.The British pound increased 0.1% to $1.2943.The Japanese yen fell 0.1% to 104.67 per dollar.BondsThe yield on 10-year Treasuries rose three basis points to 0.855%.Germany’s 10-year yield climbed one basis point to -0.63%.Britain’s 10-year yield increased four basis points to 0.25%.CommoditiesWest Texas Intermediate crude fell 2.2% to $35.36 a barrel.Gold strengthened 0.4% to $1,874.87 an ounce.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
More Description
Image URL

 
 
 
vlrPhone
vlrFilter
vlrMemos

Project of very low consumption, radiation and bitrate softphones
Multifunction Audio Filter with Remote Control
App to measure the quality of the voice
More Information
Free the Animation VR
AR

Play to reveal 3D images and 3D models
More Information

WhmSoft Moblog
Copyright (C) 2006-2021 WhmSoft
All Rights Reserved