Stock Market

The European stock markets are reversing the positive momentum as investors have been showing concerns over the rising coronavirus cases in the United States and India.

Square stock price has gained investors’ attention amid consumers and corporates move towards digital payment networks following a pandemic.

U.S. stock markets are setting the path for another rocking week because all the major indices have reported gains last week and ended the second quarter with a record-breaking performance in decades.

Tesla stock price jumped to a fresh new all-time high after the electric vehicle company reported higher than expected deliveries for the second quarter despite lockdowns.

Facebook stock price rebounded sharply in the last two days as the company started working on advertiser’s complains and plans to set a mass advertiser’s meeting.

Tesla stock price fell below the $1000 mark last week and continues to trade in a narrow range over the last couple of sessions, but market analysts look bullish over the future fundamentals.

The US stock market suffered heavy losses in the last week after a long bullish run that had recently pushed major indices to record high. The selloff is supported by the trader’s concerns over the second wave of coronavirus

Nasdaq index broke 10,000 points mark this month and hit a new record of 10,131.37 points on Tuesday for the first time in history as big tech stocks have been on a robust upside momentum despite economic meltdown.

US stock futures are in green on Monday trading as investors are appreciating strong retail sales data along with prospects of economic recovery. The postponement of trade restrictions on China added to investor’s sentiments.

The US stock futures are steady amid hopes over further economic stabilizing due to trade talks with China. Bloomberg reported that China seeks to fast-track purchases of American farm goods according to the Phase One trade deal.

The stock markets across the world suffered losses on Monday amid threat of the second wave of virus spread. US stock futures tumbled more than 3%, extending the last week’s worst selloff since early March.

U.S. stock markets reported gains in Friday trading after generating the worst single-day loss on Thursday since early March as investor’s concerns over the second wave of virus dampened hopes of economic recovery in the second half of the year.