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Nasdaq managed to gain 0.07% and finished trading at fresh all-time high

It will takes about:

08/09/2021

Latest updates:

– US indices finished yesterday’s trading lower. Dow Jones dropped 0.76%, S&P 500 moved 0.34% lower while Russell 2000 finished 0.72% lower.
– Bears also dominated during the Asian session. S&P/ASX 200 dropped 0.4%, Kospi moved 0.7% lower and indices from China pulled back. Nikkei gained 0.8%%
– DAX futures point to a more or less flat opening of the European cash session
– In an interview with Financial Times, Fed’s Bullard said that tapering will begin this year and should end in H1 2022.
– Revision of the Japanese GDP data for Q2 showed economic growth at 0.5% QoQ, up from 0.3% QoQ signalled in initial reading
– According to Reuters report, Intel plans to invest up to €80 billion in expanding chip production capacity in the European Union
– A 7.1 magnitude earthquake hit the southwestern part of Mexico. At least 1 person was reported dead
– Situation on the cryptocurrency market stabilized following yesterday’s sell-off. Bitcoin has been trading in $46,000-47,000 range since
– Precious metals are trading slightly higher
– Oil and industrial metals gain. Agricultural goods trade mixed
– AUD and NZD are the best performing major currencies while CHF and JPY lag the most

Nasdaq managed to gain 0.07% and finished trading at fresh all-time high

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