Adam Vettese Blog | Talkmarkets | Page 1
Senior Account Manager at eToro
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Experienced Sales Trader with a demonstrated history of working in the financial services industry. Skilled in Negotiation, Customer Service, Sales, Business Development, and Equities. Strong finance professional with a BSc focused in International Business from Brunel University London (2:1 - ... more


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Deluge Of Job Cut Announcements As Market Ends Positive Q3
US stocks closed out a second straight positive quarter on Wednesday, with the S&P 500 up 7.9% over the past three months, but the day was marred by a swathe of job cut announcements from major firms worldwide.
Investors Turn Cautious After First Presidential Debate
Markets are mostly in the red this morning after the first presidential debate provoked a cautious reaction. A somewhat disorderly affair has US futures signaling they will open 0.5-0.7% lower.
Financial, Energy Stocks Drive Rebound To Start Week
European markets opened in negative territory this morning with the FTSE down 1% as Sterling gained 0.3% against the dollar, hurting its overseas earning contingent.
Trade War Hots Up As Markets Look To Bounce Back
The trade war between the US and China was in focus once more this morning, after new sanctions from the US battered one of the leading Chinese stocks.
Stocks Tumble After Fed Warns More Stimulus Needed
European markets have opened in the red this morning as investor sentiment remains downbeat due to increased case numbers and central bank commentary weighing on equities.
Tesla Slumps As ‘Battery Day’ Timescales Disappoint
After being hyped up by CEO Elon Musk in the run up to it, Tesla’s ‘battery day’ disappointed investors, as the new innovations unveiled remain years away. The firm’s share price closed the day 5.6% down, then slumped further in after-hours trading.
Stocks Sink Worldwide On Stimulus, Renewed Virus Concerns
European markets have had a slight reprieve this morning following yesterday’s bloodbath with the FTSE opening 0.5% higher and the Dax recovering 1%.
Markets Under Pressure Amid COVID Resurgence
European markets are in the red this morning as an increased COVID infection rate across the continent threatens a return to restrictive lockdown measures. The FTSE and Dax are both down just under 3% each.
Stocks Deflated After Central Banks’ Outlook
Despite a slight reprieve from Asian shares overnight, markets have ended the week on a downbeat tone as overall expectations of increased central bank stimulus came up short.
Federal Reserve Predicts No Rate Increase Until End Of 2023
On Wednesday the Fed said it won’t be raising interest rates from their near-zero level for years. After a two-day policy meeting, the bank released new projections in which 13 of 17 officials said they expect to keep rates near zero until 2023.
Apple Stock Falls Flat After Raft Of Product Announcements
Apple which is worth more than $2trn despite its recent retreat from record highs, revealed a new iPad Air, generation 6 Apple Watch and pricing for new subscriptions bundles that wrap together services such as Apple TV, iCloud and Apple Music.
Stimulus Deal Failure Would ‘Set US Recovery Back Six Months’ Warns Morgan Stanley
Morgan Stanley has cautioned that a failure by Republican and Democrat lawmakers to agree on a new round of fiscal stimulus would set back the US economic recovery from the pandemic by six months.
Oracle Wins TikTok Bid, Nvidia Buys Arm For $40bn
The weekend was packed with M&A news, with three deals all likely to be well north of $10bn apiece reported. First up, Oracle has reportedly won the bidding to buy TikTok’s US operations, with the Microsoft-Walmart joint offer being rejected.
Stocks Wobble As US Stimulus Is Voted Down
Major US indices took another tumble yesterday after a relief package to counter the economic damage from the coronavirus was voted down in the US Senate.
Relief For Tech Stocks After Multi-Day Sell-Off As Virus Cases Spike Globally
Coronavirus cases are back at the top of the news agenda as spikes are reported around the globe.
Tesla Suffers Worst Day In History As Tech Names Continue To Rout
Tech stocks suffered a broad sell-off yesterday as US markets returned to action following the holiday weekend. Tesla was hit the hardest, sinking 21.1% after the S&P 500 Index Committee declined to add the electric carmaker to the benchmark index.
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