Top 5 facts about Stock Market on 8th August 018

Here are 5 top things to know in the stock market today. Let us have a glance at them individually;

1-

Acceleration of Chinese Exports

July was a month of boom for Chinese export despite of the dispute that falls between China and USA regarding their debt policies. The exports rose to 12.2% as compared to previous year whereas imports also experienced a rise of 27.3% giving a boost to China’s economic growth.

2-

A Muted Open of US Stock Future

NASDAQ showed a flat start by 100 futures but few stocks experienced a rise on Tuesday as S&P 500 almost touched the highest levels of earnings. Dow futures showed an upward trend just by 4 points.

. 3-

Latest Earning Wave in USA

The stocks that will become the center of focus today will be Tesla (NASDAQ) with 11%. NYSE: SNAP, Disney and Papa John’s are also considered as ones that will attract people’s attention by the end of the day.

4-

U.S Inventory Data

It has been speculated that after the release of weekly report by EIA, the stocks will face a fall of 3.3 million barrels. However, the oil prices will face steady prices like U.S WTI crude futures at $69.12 per barrel and Brent crude at $74.61 per barrel.

5-

Recent Crypto Collapse

Cryptocurrencies took a boost by surpassing Bitcoin below by $6500 in the month of August. Ethereum falls down to its worst level by 11% and Litecoin experiences a slum of 12.5% since July.

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