US stock markets deliver worst week in 4 months
US stock markets ended the week on a negative note, with all three indices ending in the red. Despite the weakness, big tech is outperforming.
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US stock markets ended the week on a negative note, with all three indices ending in the red. Despite the weakness, big tech is outperforming.
Big tech stocks like Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN) pushed higher overnight, driving the Nasdaq up 0.9%.
US stock markets fell overnight after Federal Reserve Chair Jerome Powell announced an evolving view on the threat of inflation.
US markets broke their three-day winning streak with the Nasdaq falling 0.7% on Tuesday. Oracle (NYSE:ORCL) shares are making headlines.
All three US stock market indices finished the week higher, with big tech stocks like Amazon (NASDAQ:AMZN) driving the market.
Are FAANG stocks like Facebook Inc (NASDAQ: FB), Apple Inc (NASDAQ: AAPL), Amazon Inc (NASDAQ: AMZN), Netflix Inc (NASDAQ: NFLX) and Google/Alphabet Inc (NASDAQ: GOOGL) better than Australia’s blue-chip shares like Commonwealth Bank of Australia (ASX: CBA) and Telstra Ltd (ASX: TLS)?
The ASX 200 (ASX: XJO) capped off another positive day on Thursday despite a fall in the oil price sending the entire sector down 1.1%. On Friday, the ASX 200 is tipped to open modestly higher at the open, with Woolworths Ltd (ASX: WOW) in focus.
US stock markets remain stuck in a tight trading range as bullish and bearish investors alike await key economic data in the coming weeks.
The S&P 500 finished flat on Tuesday while the Nasdaq was strongest, adding 0.3%. Fastly (NSYE:FSLY) stock is making headlines.
US stock markets ended the week on a negative note, with all three indices ending in the red. Despite the weakness, big tech is outperforming.
Big tech stocks like Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN) pushed higher overnight, driving the Nasdaq up 0.9%.
US stock markets fell overnight after Federal Reserve Chair Jerome Powell announced an evolving view on the threat of inflation.
US markets broke their three-day winning streak with the Nasdaq falling 0.7% on Tuesday. Oracle (NYSE:ORCL) shares are making headlines.
All three US stock market indices finished the week higher, with big tech stocks like Amazon (NASDAQ:AMZN) driving the market.
Are FAANG stocks like Facebook Inc (NASDAQ: FB), Apple Inc (NASDAQ: AAPL), Amazon Inc (NASDAQ: AMZN), Netflix Inc (NASDAQ: NFLX) and Google/Alphabet Inc (NASDAQ: GOOGL) better than Australia’s blue-chip shares like Commonwealth Bank of Australia (ASX: CBA) and Telstra Ltd (ASX: TLS)?
The ASX 200 (ASX: XJO) capped off another positive day on Thursday despite a fall in the oil price sending the entire sector down 1.1%. On Friday, the ASX 200 is tipped to open modestly higher at the open, with Woolworths Ltd (ASX: WOW) in focus.
US stock markets remain stuck in a tight trading range as bullish and bearish investors alike await key economic data in the coming weeks.
The S&P 500 finished flat on Tuesday while the Nasdaq was strongest, adding 0.3%. Fastly (NSYE:FSLY) stock is making headlines.
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