AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
US Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 4.25 points or 0.13 per cent higher at 3,384.60, Dow Jones Industrial Average Index contracted by 37.48 points or 0.13 per cent lower at 27,939.36, and the technology benchmark index Nasdaq Composite traded higher at 11,112.09, up by 99.85 points or 0.91 per cent against the previous day close (at the time of writing, before the US market close at 12:15 PM ET).
US Market News: The Wall Street opened mixed as S&P 500 advanced and Dow Jones declined. The US jobless claims as reported by Department of Labor were 963,000 for the week ended 8 August 2020 below the forecast of 1,120,000 jobless claims. Among the gaining stocks, Apple's shares were up by close to 2.2 percent after the reports that the company is gearing up for subscription package for its digital services. 3M's shares were up by 1.3 percent after the company reported increased sales in July 2020 compared to the same period last year. Among the decliners, Vroom was down by close to 14.0 percent after the company expects loss wider than the street's expectation. Cisco Systems shares declined by about 11.4 percent, although the company reported revenue and earnings above market expectation. Lyft was down by 3.7 percent after the company reported lower bookings in the second quarter result update.
US Stocks Performance (at the time of writing)
European News: London and European market traded in the red. As per the Royal Institution of Chartered Surveyors (RICS) report, the monthly house price balance in the UK increased to +12 in July 2020 from -13 in June 2020. Meanwhile, the Office for National Statistics reported that one-third of the British companies have operating costs greater than the total turnover due to the pandemic. Among the gaining stocks, Watches of Switzerland Group's shares were up by close to 23.6 percent after the company stated that the trading activity was above expectation after the stores reopened. Just Group was up by about 8.0 percent after the company reported increased sales in the first half FY20 and forecasted higher sales in the second half of FY20. GVC was up by close to 1.8 percent, although the company suspended the interim dividend. Among the decliners, National Express plunged by close to 16.1 percent after the company reported lower revenue due to the pandemic. Coats Group's shares were down by about 6.6 percent after the company reported a 24 percent decline in revenue in H1 FY20.
European Indices Performance (at the time of writing)
FTSE 100 Index Chart
1 Year FTSE 100 Index Performance (13 August 2020), before the market closed (Source: Refinitiv, Thomson Reuters)
Stocks traded with decent volume*: (LLOY) LLOYDS BANKING GROUP PLC; (VOD) VODAFONE PLC; (BP.) BP PLC.
Sectors traded in the positive zone*: Telecommunications Services (+0.59%) and Consumer Cyclicals (+0.22%).
Sectors traded in the negative zone*: Energy (-2.64%), Healthcare (-2.10%) and Utilities (-1.77).
London Stock Exchange: Stocks Performance (at the time of writing)
Crude Oil Future Prices*: WTI crude oil (future) price and Brent future crude oil (future) price were hovering at $42.38 per barrel and $45.09 per barrel, respectively.
Gold Price*: Gold price was trading at USD 1,958.00 per ounce, up by 0.46% from previous day closing.
Currency Rates*: GBP to USD and EUR to GBP were hovering at 1.3054 and 0.9042, respectively.
Bond Yields*: U.S 10-Year Treasury yield and UK 10-Year Government Bond yield were trading at 0.713 per cent and 0.243 per cent, respectively.
*At the time of writing
