Global Markets: Dow Jones crash, Nasdaq holds green

The US markets at close showed mixed figures as dow jones and S&P slip red while Nasdaq maintains to stay green.

Market Update:

The US markets at close showed mixed figures as dow jones and S&P slip red while Nasdaq maintains to stay green as tech stocks surged over 6% after hours.

Advertisement

Big Tech Doesn’t Disappoint !

FACEBOOK

Revs up 11% & ad rev up 10%

Growth in first 3 wks of July at Q2 level

Stock +5%

AMAZON

Q2rev +40% YoY

AWS revs +29%

Stock +6.5%

GOOGLE

Alphabet Q2 revs of $38.3 bn

Ad revs -8%, above estimates

Stock flat

Highlights Of Global Markets:

  • Nasdaq at close was up by 45 points to close at 10588.
  • Dow Jones closed down by 226 points to 26314.
  • S&P down by 12.26 points to 3246 at market closing.
  • Gold in the US markets was trading at $1946 at close.
  • The US markets earlier opened weak yesterday on weak GDP data.
  • President Trump suggested to delay the elections as of now.
  • Apple, Amazon and Facebook surged over 6% each after strong and better than expected results.
  • SGX Nifty opening by gaining 45 points at 11146.50 or up by 0.41%, Positive opening to be seen in the D-Street.