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The eagerly awaited Q2 earnings report from Apple (AAPL) has just been released and it has beaten on EPS and earnings, but the impact on the markets has so far not been that positive. Ahead of this report, as noted in the previous update, the Nasdaq 100 futures had fallen back after the results from Amazon and Intel rather disappointed the markets and pushed the price of both companies lower in the grey market after the close. Apple is also a Dow Jones stock, but not the largest component within that index (strange as it may seem), where it is the largest in the Nasdaq 100 and the S+P 500. So, in essence all three major index futures have been impacted. The S+P 500 index had earlier closed at 5,446.68, with a loss of 75.62 points on the day, but above the session low at 5,410.42. The earlier session high was set at 5,566.16. The index future was trading at around 5,420 ahead of this report from Apple. It is right now pricing the opening for tomorrow at around 5,429
Owing to technical reasons, after this there will be no more updates from this analyst until early tomorrow morning. In the meantime, we should note...
Not long ago the DAX lifted above 22,425 and that means it has lifted further above the last technical rebound level of note (22,299.29). Of course it...
There is not that much of importance due out today in terms of US data releases or Q1 earnings reports. However, as far as earnings go, that sees...
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