Yesterday after the market closed, Apple Inc. published its reports, showing good results. Against this backdrop, shares of technology companies in Asia such as Manufacturing Co and AAC Technologies Holdings Inc, which are Apple’s suppliers, rose in price. Revenue from sales of the iPhone exceeded expectations, as well as earnings per share of the company, and soon there will be 10 anniversary of the release of the smartphone from Apple. The MSCI index was stable at the beginning of trading, and the Nikkei rose 0.4%. On Wall Street, Nasdaq rose 0.23%, Dow Jones closed 0.33% higher yesterday, while the S & P 500 rose 0.24%. Continue reading
American stocks and indices traded without any definite dynamics. So DJIA and S & P500 closed relatively smoothly, while the NASDAQ 100 reached a record high due to the growth of Apple shares (market capitalization of companies reached $ 800 billion). Asian stocks and indices traded relatively flatly, following the example of Wall Street and due to the lack of important publications. The only index that lost 0.5% yesterday was the ASX 200. The reason was the disappointing volume of retail sales in the country.
In the foreign exchange market, the US dollar rose overnight. Buyers supported the dollar index, which measures its strength against a number of major currencies, above the level of 99. Continue reading