The US indices continue to break price records despite year-end economic slowdown
Biogen shares jumped more than 9% in a day after the Korea Economic Daily reported that the company was in talks about a possible sale to electronics giant Samsung.
Medallion Financial Corp. shares plunged 50% to a 13-month low. The Securities and Exchange Commission (SEC) charged the company and its chief operating officer Andrew Murstein with engaging in fraudulent schemes to boost Medallion’s stock price.
The general director of the World Health Organization, Tedros Adhanom Gebreyesus, urged nations to vaccinate 70% of the global population against COVID-19 by July 1, 2022.
A study by Die Zeit newspaper shows that Germany is likely to fall short of its carbon dioxide reduction goals in the next two years.
Shares of Germany’s Deutsche Bank fell by 1.4% yesterday. On Wednesday, it became known that the German Federal Financial Supervision Authority (BaFin) fined the bank €8.66 million for insufficient control of the system of providing data to calculate the interbank interest rate EURIBOR (Euro Interbank Offered Rate).
Yesterday, Asian stock markets closed in the red zone, except for Australia. Japanese index Nikkei 225 (JP225) decreased by 0.56%, Hong Kong’s Hang Seng Index (HK50) added 0.83%, and Australia’s ASX 200 (AU200) added +1.21%.
The US oil inventories dropped nearly 3.6 million barrels. In the background of such data, given the reduction of concerns about the impact of Omicron on demand for petroleum products, the energy market continues to rise. The US oil and gas executives are forecasting increased production and drilling activity next year as oil prices rise.
S&P 500 (F) (US500) 4,793.06 +6.71 (+0.14%)
Dow Jones (US30) 36,488.63 +90.42 (+0.25%)
DAX (DE40) 15,852.25 −111.45 (−0.70%)
FTSE 100 (UK100) 7,420.69 +48.59 (+0.66%)
USD Index 95.91 −0.29 (−0.31%)
News feed for: 2023.07.04
- US Initial Jobless Claims (w/w) at 15:30 (GMT+2);
- US Chicago PMI (m/m) at 16:45 (GMT+2);
- US Natural Gas Storage (w/w) at 17:30 (GMT+2).
This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.
