Market Overview

Global equity indexes are pointing mostly up currently after Wall Street ended lower on Wednesday. Nvidia shares slumped 3.87% underperforming the market as Dutch semiconductor giant ASML reported weaker than expected quarterly earnings, Microsoft shares slid 0.66% on Wednesday.

Global equity indexes are pointing mostly up currently after Wall Street ended mixed on Tuesday as Powell said reining in inflation could take “longer than expected”. Microsoft shares added 0.23% while the tech giant said it has made a $1.5 billion investment in United Arab Emirates-based AI firm G42, Apple stock lost 1.29% on Tuesday underperforming market after Needham lowered estimates for the tech giant to reflect iPhone sales concerns and weakness in China.

Global stocks are trading lower currently after US markets ended down second session in a row on Monday. Google’s parent Alphabet shares lost 1.82%, Tesla shares sank 5.6% on Monday underperforming market after Tesla announced it will lay off more than 10% of staff globally as sales fall.

Global equity indexes are pointing mostly up currently after US stocks fell on Friday amid weak earnings from major banks. BlackRock dropped 2.9% underperforming market, JPMorgan Chase sank 6.5% on Friday after CEO Jamie Dimon’s comment on US economic outlook “the chance of bad outcomes is higher than other people think”.

Global equity indexes futures are pointing in different directions currently ahead of University of Michigan preliminary report data due at 16:00 CET today after Wall Street ended mixed on Thursday. Nvidia shares surged 4.11% outperforming market, Apple shares rallied 4.3% on Thursday after JPMorgan report that pointed to improving investor sentiment on the company.

Global equity indexes are pointing in different directions currently ahead of US producer prices report at 14:30 CET today after Wall Street ended lower on Wednesday on hot inflation data. Nvidia shares surged 1.97% outperforming the market as Bank of America reaffirmed its price target of $1,100 per share, representing upside of 26%, Microsoft shares slumped 0.71% on Wednesday.

Global equity indexes are pointing mostly up currently ahead of US March inflation data at 14:30 CET today after Wall Street ended mixed on Tuesday. Alphabet shares gained 1.28% outperforming market as Google announced an Arm-based central processor and revealed the details of a new version of its data center artificial intelligence chips, Tesla stock rose 2.25% on Tuesday.

Global stocks are trading mixed currently after US markets ended little changed on Monday. Google’s parent Alphabet shares rose 1.43% outperforming market, Tesla shares surged 4.9% on Monday after CEO Elon Musk said the company would unveil its self-driving Robotaxi on August 8.

Global equity indexes are pointing in different directions currently after Wall Street closed higher on Friday following strong March jobs report. Apple shares added 0.45% underperforming market amid reports CEO Tim Cook sold 196,410 shares of the company's stock last week worth approximately $33.2 million, Meta shares gained 3.2% on Friday.

Global equity indexes are pointing in different directions currently after Wall Street ended mixed on Wednesday on mixed data. Ford shares surged 3.0% outperforming the market after the company reported better than expected first-quarter US auto sales, Intel shares plummeted 8.2% on Wednesday after the chip maker reported $7 billion loss in 2023 for its foundry business.