US Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 67.67 points or 1.59 per cent higher at 4,326.30, Dow Jones Industrial Average Index surged by 607.86 points or 1.79 per cent higher at 34,569.90, and the technology benchmark index Nasdaq Composite traded higher at 14,489.40, up by 214.40 points or 1.50 per cent against the previous day close (at the time of writing – 12:05 PM ET).
US Market News: The major indices of Wall Street traded in a green zone driven by a flurry of corporate announcements. Among the gaining stocks, International Business Machines (IBM) shares rose by about 2.94% after the Company’s quarterly revenue and earnings remained more than the consensus estimates. Nasdaq (NDAQ) shares grew by about 2.78% after the exchange operator had announced plans to spin off the Nasdaq Private Markets. Travelers Companies (TRV) shares went up by about 1.39% after the Company’s second-quarter earnings came out to be more than the consensus estimates. Among the declining stocks, PPG Industries (PPG) shares dropped by about 4.80% after the Company’s quarterly earnings fell short of the consensus estimates.
UK Market News: The London markets traded in a green zone after making a heavy loss in the previous trading session.
Easyjet shares went up by about 0.94% after the Company had narrowed down the third-quarter loss of the current fiscal year as compared to the equivalent period of the prior year. Moreover, the Company had reported a significant jump in revenue.
FTSE 100 listed Anglo American shares grew by around 0.97% after the Company had reported strong growth of around 20% in the second-quarter production boosted by the strong output of platinum and diamond.
BHP Group shares jumped by around 2.42% after the Company stated that it remained in great shape as the Company achieved record production for iron ore, coal, and copper.
Transact owner IntegraFin Holdings had recorded the highest ever third-quarter gross inflows. Furthermore, the shares climbed by around 3.07%
European Indices Performance (at the time of writing):
FTSE 100 Index One Year Performance (as on 20 July 2021)
1 Year FTSE 100 Chart (Source: Refinitiv)
Top 3 Volume Stocks in FTSE 100*: Lloyds Banking Group Plc (LLOY); Vodafone Group Plc (VOD); BP Plc (BP.).
Top 3 Sectors traded in green*: Basic Materials (+1.70%), Healthcare (+0.84%) and Energy (+0.82%).
Top 2 Sectors traded in red*: Technology (-0.46%) and Utilities (-0.26%).
London Stock Exchange: Stocks Performance (at the time of writing)
Crude Oil Future Prices*: Brent future crude oil (future) price and WTI crude oil (future) price were hovering at $69.44/barrel and $67.30/barrel, respectively.
Gold Price*: Gold price was quoting at US$ 1,810.75 per ounce, up by 0.09% against the prior day closing.
Currency Rates*: GBP to USD: 1.3621; EUR to GBP: 0.8650.
Bond Yields*: US 10-Year Treasury yield: 1.209%; UK 10-Year Government Bond yield: 0.5550%.
*At the time of writing