A very poor night on global markets overnight. Driven by a large correction with overvalued tech stocks in the US.
In Europe, the FTSE fell 13 points (.17%), the DAX fell 170 points (.92%) and the CAC fell 84 points (1.12%).
Positive growth figures from the UK - strongest growth in 2 years - insulated the falls on the FTSE.
In the US, the DOW fell 504 points (1.25%), the NBI barely moved but was less than one point in the green (.012%), the NASDAQ Composite fell 654 points and the Russell small cap index fell 22 points (1.02%).
The NASDAQ hd its worst fall in 2 years.
Tesla and Alphabet crashed on poor earnings reports sparking fears that the tech sector is overvalued.
Tesla dropped over 12% after recording a 45% drop in profits.
Bank of Canada dropped official interest rates to 4.5%.
US Treasury 10 year Bond yield rose to 4.293%
Oil price dropped - Brent crude at US$81.50 per barrel.
Gold price fell to US$2,395 per oz.
BITCOIN was steady at US$65,559.
Predict a bloodbath on the ASX today.
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Last
4.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $356.9M |
Open | High | Low | Value | Volume |
4.9¢ | 4.9¢ | 4.8¢ | $328.5K | 6.792M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
45 | 5443565 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 2171910 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
45 | 5443565 | 0.048 |
43 | 4562182 | 0.047 |
49 | 3188200 | 0.046 |
61 | 6392230 | 0.045 |
12 | 2001364 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 2171910 | 5 |
0.050 | 4756889 | 17 |
0.051 | 6179811 | 13 |
0.052 | 2579418 | 10 |
0.053 | 1158504 | 8 |
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