Trading Review: Current Reports, Trends, Indices, Stocks, Bonds, Forex and Commodities and Analyst Recommendations
The trading day on Wall Street ended with price increases, despite macro data revealing an increase in the unemployment rate (while the number of jobs in the economy rose beyond expectations). The Dow Jones was up 0.5%, the Nasdaq was up 0.8% and the S&P 500 was up 0.7%. Russell 2000 lost 0.9%.
The Israelis who concentrated the interest of investors tonight and received impressive increases are Bioline RX Which climbed about 15% andSentinel Van Which rose 12%. Walkmi Rose 2.3%, Iron Source Finished with only a slight increase. On the other hand, Foresight andOfco Health Lost more than 5%, Lemonade , Medivand , Productivity Network andToxface Lost more than 4% each, Global Island andSiren Shed more than 3%.
The sharp rise recorded by Virgin Galactic at the beginning of the trading day moderated, and closed with a rise of about 4%. The Crispy Cream donuts chain, which made a comeback and returned to Wall Street after a 5-year absence from trading, lost close to 9% (when it jumped about 23.5% yesterday).
Eco Wave Power Global, which started trading on NASDAQ yesterday, jumped 73% on its second trading day in a very high trading cycle. Software company Marin jumped about 34%, That Israeli technologies soared 42%.
In the pharma world, drug maker Elector has galloped 57% ahead after reporting a collaboration between it and British drugmaker GlaxoSmithKline (GSK), in which the two will develop antibody-based treatments for Parkinson’s, Alzheimer’s and other similar diseases. The pharmaceutical company Itrum, on the other hand, collapsed and lost 38% of its campaign after reporting that the FDA had found defects in a drug test to treat urinary tract infections that the company is developing.
Yields on U.S. bonds plummeted today after unemployment data was released, as well as following the deficit estimates released last night and forecast a $ 3 trillion deficit at the end of the fiscal year (September 2021).
The yield on 10-year bonds falls 3.3% to a level of 1.43% yield. The yield on 5-year and 7-year bonds falls by more than 4%, the yield on 3-year bonds weakens 6% and the yield on bonds Two years falls 7.5%.
The rises on Wall Street continue at the same rates. In contrast to the three major indices, the Russell 2000 index shed 1%.
The share of Chinese Uber, the cooperative transport company Didi that was issued but this week, falls more than 7% after China announced a cyber security audit of the company. Medii said they would cooperate fully.
The crypto market is running drowsily, with slight declines in leading currencies. Bitcoin is trading around $ 33.2 thousand, Etherium around $ 2,100, DogeCoin at 24 cents and Ripple sells for 64 cents per unit.
Rises on Wall Street continue to rise. The Dow Jones is up 0.5%, the Nasdaq and S&P 500 are up 0.6%.
Among the stocks that are attracting interest are Oracle, which is up 3.3%, Google and Microsoft, which are up 2%, Apple is up 1.6% and Intel 1.2%. The Israeli cell continues to strengthen and rises by 40%. IBM, on the other hand, continues to lose ground following the departure of the CEO, Wolgrins shed 1.6%, and Chinese companies, including Pindudo, Baido and Didi, weaken – the latter by more than 8%.
Gold is up slightly to $ 1,788 an ounce. Oil has a mixed trend, and while British oil (Brent) is up 0.2%, US oil (WTI) is down 0.3%. They are now trading at $ 76 and $ 75 a barrel respectively.
Cell Technologies The Israeli jumps more than 40% on NASDAQ following its report last night on another contract with the Aniwel. Various systems for industry.Tath will maintain and repair the Anival 131 Series Auxiliary Engine Series, which is installed in Boeing 737 and Airbus 319/320/321 aircraft, among others.
That CEO and President Yigal Zamir said that “the new strategic agreement with the Aniv will lead to a significant growth of the company’s market share in the MRO field, and therefore opens the door to significant revenue growth in this field as well.”
Meanwhile, the rises on Wall Street are getting stronger as the Dow Jones is up about 0.3%, and the Nasdaq and S&P 500 are up about 0.4% each.Dark Adds 1.4%, AMD Increases by about 1.6% andMicrosoft Progressive 1.8%. IBM Continues to lose height in response to the resignation of President Jim Whitehurst and shed 4.7%.
European stocks closed in a mixed trend, with the German DAX up 0.3%, the Potsy down 0.1% and the CAC up steadily. Slight increases were recorded on the Amsterdam, Lisbon and Stockholm stock exchanges.
The main ones pulling down the Potsie index in London are the banks, when standard charter declines fell 2.3%, Barclays and Lloyds lost about 1.7%. HSBC dropped 1.6% and Deutsche Bank also fell at a similar rate in Frankfurt.
Some of the gains recorded during the day were deleted on European stock exchanges. While the DAX is still trading up 0.2%, the Potsy is trading steadily down and the CAC is down 0.1%.
In Frankfurt stands out the negative eDeutsche Bank Which is down 1.5%, and in London, too, there are declines in banks and investment bodies: Lloyds is down 1.6%, HSBC is down 1.5%, Standard Charter is down 0.8% and Barclays is down 1.3%.
Trading on the US stock markets is still on the positive side. The Dow is up 0.1%, the S&P 500 is up 0.3% and the Nasdaq is up 0.4%.
Shares of drug maker Elector soared above 70% after a collaboration between it and British drugmaker GlaxoSmithKline (GSK) was reported, in which they will develop antibody-based therapies for Parkinson’s, Alzheimer’s and other similar diseases. The scope of the deal is about $ 2.2 billion, 700 million of which will be given to Elector in advance and the balance in accordance with the development schedule.
On the other hand, Itrum Pharmaceuticals drops more than 30% after it reported that U.S. regulators found defects in a drug test to treat urinary tract infections the company is developing. The deficiencies found “prevent further discussion of labels and requirements / commitments after marketing,” the company said. Work with the FDA to resolve the deficiencies.
Meanwhile, AMC sheds 7.5%, Volgreen Boots continues for another negative day and drops about 2%, General Electric, Micron and Bank of America lose about 0.7%, American Airlines and Boeing separate from 1.2%.
The trading day on Wall Street opened with price increases, against the background of the publication of unemployment data. Although 850,000 jobs were added to the U.S. economy in June, the unemployment rate rose from 5.8% to 5.9%. The number of new jobs is significantly larger than the economists’ forecasts, which estimated an addition of only 720,000 jobs. The U.S. has lost 22.4 million jobs since the advent of the Corona, and is still missing 6.8 million jobs to return to pre-plague levels.
The Dow Jones Industrial Average was up 0.1%, the Nasdaq was up 0.4% and the S&P 500 was up 0.2%. Intel Which costs 1% andTesla Which is up 1.4%. On the other hand, declines are recorded in Alibaba Group and-AMC Which fall above 2%.
Virgin Galactic continues the positive momentum from the pre-trading phase and jumps 17%. The company has announced that it will launch a test flight into space on July 11, with one of its passengers to be billionaire controlling shareholder Richard Branson.
U.S. Employment Data: Despite the widespread shortage of workers and the fact that 850,000 jobs were added to the U.S. economy in June, The unemployment rate rose from 5.8% to 5.9%. The number of new jobs is significantly larger than the economists’ forecasts, which estimated an addition of only 720,000 jobs.
The rises in the European stock markets continue, with the German Dax strengthening by 0.6%, the Potsy and Kak advancing 0.2%, the European-wide Eurostox 50 rising by about 0.5%.
Wall Street futures are also up 0.2% for the Dow Jones and S&P 500s and about 0.6% for the Nasdaq. Prior to the opening, “Chinese Uber” Didi fell 10%. Virgin Galactic Of billionaire Richard Branson is soaring 21% after it reported that on July 11 it would launch a test flight into space, with Branson himself on board.
Futures on Wall Street stock markets are expecting a steady opening, pending U.S. employment data.
In Europe most major stock exchanges maintain positive momentum, banks record declines. The London Stock Exchange rises by 0.09%, the Paris Stock Exchange maintains stability, in Germany there are increases of 0.3%, the Italian Stock Exchange rises by about 0.2%.
Trading on Asian stock markets closed in a mixed trend, with Chinese stock markets closing down by almost 2%.
European stock markets opened up in anticipation of U.S. employment data.
The European pan is up 0.5%, led by tourism stocks that have climbed about 1.4%, almost all major stock exchanges in positive territory.
The London Stock Exchange is up 0.45%, the Paris Stock Exchange is up 0.3%, in Germany it is up 0.5%, the Italian Stock Exchange is up 0.2%.
Trading on Asian stock markets is on a mixed trend, with a tendency for declines similar to the market situation yesterday. This is after Wall Street closed last night in the green, when the Dow Jones added about 0.4%, the S&P 500 about 0.5% and the Nasdaq, which traded steadily throughout the day, strengthened by 0.1%.
While waiting for the release of US employment data to be released during the day, the Chinese stock markets are declining, with the Shanghai Stock Exchange down 1.7%, Shenzhen down 1.8% and Hong Kong’s Hong Kong down 1.6%.
The Japanese Nikkei strengthened by 0.2%, the Topix index rose by 0.7%. The South Korean cosplayer recorded slight increases of 0.1%. The Australian Stock Exchange is up 0.4%.
European stock markets closed yesterday with price increases, with the Potsy London index strengthening by about 1.3%. The French Kak rose 0.7%, the German Dax rose 0.5%.