What Did Global Markets Do Today While US Was Sleeping?
Portfolio Pulse from Akanksha Bakshi
On Monday, US markets ended mixed with Nasdaq up more than 1% due to surging NVIDIA Corp and other tech stocks. S&P 500 saw gains from consumer discretionary and IT, while real estate, consumer staples, and energy stocks closed lower. Asian and European markets were up, with tech sector gains noted. Commodities were mixed, with crude oil and natural gas down, but gold, silver, and copper up. US futures were up, while the US Dollar Index was down.
August 22, 2023 | 10:08 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
NVIDIA Corp's stock surged due to investors' optimism ahead of earnings, contributing to Nasdaq's rise.
The surge in NVIDIA Corp's stock is due to investor optimism ahead of earnings. This has contributed to the rise in Nasdaq, indicating a positive short-term impact on the company's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
S&P 500 saw gains from consumer discretionary and IT sectors, contributing to its rise.
The rise in the S&P 500 is due to gains in the consumer discretionary and IT sectors. This indicates a positive short-term impact on the index.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80