Wall Street closes lower
After opening strong yesterday on the hopes that a US-China trade deal is close, markets in the US reverted to losses, most-likely due to profit-taking. The DJ30, SPX500 and NSDQ100 indices all closed lower. Despite the overall downtrend, the tech sector remained stable, with Facebook climbing more than 3% and Amazon rising more than 1.4%. Other tech stocks, such as Apple and Google also finished in the green.
Today’s highlights: Binance Coin jumps 15%
- Binance Coin continues to shine: While the majority of top 10 cryptos continued to decline, Binance Coin (BNB) remained ahead of the pack, climbing more than 15% over the past 24 hours as of the time of writing. BNB started the week as the 10th-largest crypto by market cap, but has already climbed to the 8th spot. Bitcoin was relatively stagnant, trading below the $3,800 mark.
- Carney to give Brexit testimony: Bank of England Governor Mark Carney will be testifying before the House of Lords Economic Affairs Committee at 15:35 GMT, discussing Brexit and other factors relating to the British economy. Carney’s testimony could impact the GBP, UK100 and other financial instruments in the UK.
Stocks earnings releases on 05/03/2019
Stocks earnings releases on 06/03/2019
Earnings season continues: To follow upcoming earnings reports, go to eToro’s Earnings Reports Calendar. Please note that maximum leverage for CFD stocks will be limited to X5 one day ahead of earnings report releases. X10 leverage will be available again soon after the report is published.
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05/03/2019 appeared first on eToro.