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;


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.


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.

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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.


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.


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. News Wire & Equity Research: +31 084-0032-842

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