eToro Daily Update 20/11/2020

Wall Street closes higher

After a couple of negative sessions, US markets yesterday showed a slight recovery, as the DJ30, SPX500 and NASDAQ100 all registered gains. However, this morning futures indicate another negative movement, as the DJ30 is expected to fall around 200 points at the open.

DJ30DJ30

29293.55 -199.9 (-0.68%)

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Today’s highlights: Tesla continues to climb

Bitcoin back at $18,000: The world’s largest crypto continued to seesaw around $18,000, as BTC was trading slightly above the mark this morning. Other top 10 cryptos were also in the green, including Litecoin, which registered an uptick of more than 9%.

Tesla reaches all-time high: The electric carmaker continues to reach new heights, yesterday climbing 2.6% to close at a new record price level.

Oil holds above $41: The black gold showed relatively low volatility yesterday and this morning, as oil prices held above the $41 mark.

Asian markets mixed: While the HK50 was seen higher at time of writing, the China50 was nearly flat and the JPN225 was seen lower.

Roku jumps on HBO Max deal rumours: Streaming hardware giant Roku yesterday jumped more than 10% to reach a new all-time high. The price spike came following rumours that Roku had secured a deal with streaming service HBO Max, the same day the latter announced that it will be streaming the highly-anticipated Wonder Woman sequel next month. For the most recent and significant price movements in markets, check out the Market Movers page on eToro.

Commodity expiration: Please note that futures contracts for Palladium and Copper will expire next week on eToro, on Wednesday and Friday respectively, at 19:00 GMT.