Here are 5 top things to know in the stock market today. Let us have a glance at them individually;
1-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-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-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-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-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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