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Wall Street lifted by big banks earnings
US markets continued to climb yesterday, as the DJ30, NSDQ100 and SPX500 all closed higher. Wall Street was boosted by strong earnings released in the financial sector, including a 9.54% spike by Goldman Sachs – its biggest single-day gain in 10 years, and Bank of America registering a 7.16% increase.
GSGoldman Sachs Group Inc
196.99 17.08 (9.49%)
Ethereum hard fork delayed until further notice
The scheduled hard fork on the Ethereum network, which was supposed to take place this morning, has been delayed until further notice.
120.1264 -1.5273 (-1.26%)
Today’s highlights: Global markets mostly lower
May survives vote of no confidence: After suffering a heavy defeat in Parliament earlier this week, with her proposed Brexit deal being voted against, UK Prime Minister Theresa May yesterday won enough approval from the House of Commons to block a vote of no confidence. After the vote, May declared that she is determined to create a new Brexit deal, making the possibility of a second referendum less likely.
European banks on the rise: The gains in the financial sector were not limited to the US, as UK-based Metro Bank climbed more than 9% and Deutsche Bank gained 7.65%.
Cryptocurrencies show slight declines: While the majority of cryptocurrencies registered losses over the past 24 hours, 8 of the top 10 cryptos registered price movements smaller than 1%. At the time of writing, Bitcoin was down less than 0.5%, holding above the $3,600 mark.
Asia seen slightly lower: Despite the gains on Wall Street, markets in the East were mostly lower this morning, as the JPN225, China50 and HKG50 indices all registered slight losses as of the time of writing.
Snap declines 14%: The maker of Snapchat crashed yesterday, following news that Snap CFO Tim Stone resigned unexpectedly.
Europe opens lower: The UK100 opened 29 points lower, the GER30 was down 42 points and the FRA40 opened 20 points lower.
MTRO.LMetro Bank PLC
2042.16 171.84 (9.19%)
5.62 -0.92 (-14.07%)
Stocks earnings releases on 17/01/19
Stocks earnings releases on 18/01/19
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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