Apple leads Wall Street rally
US markets finished higher yesterday, as Apple surged nearly 3.7%, leading a tech rally, including gains of more than 2% registered by Microsoft, which reached a fresh all-time high. The DJ30 registered its largest single-day gain in a month, while the SPX500 and NSDQ100 each closed more than 1% higher. Several stocks recorded all-time highs, including Starbucks, Procter & Gamble, PayPal and Mastercard.
Today’s highlights: Global markets mostly lower
- Cryptocurrencies seen lower: The crypto market was on the decline over the past 24 hours, as all top 10 crypto registered losses as of the time of writing. Bitcoin was down around 1.3%, but managed to hold above the $4,000 mark. Outside the top 10, several altcoins registered gains, including IOTA, which jumped more than 7%.
- EU votes to extend Brexit deadline: Members of the EU held a vote in Brussels yesterday, agreeing to extend the deadline for the UK’s departure from the Union as late as May 22nd. Now, Prime Minister Theresa May needs to persuade her parliament to agree to the withdrawal deal approved by the EU, or face the possibility of a “No Deal Brexit” mid-April.
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.
The post eToro Daily Update
22/03/2019 appeared first on eToro.