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US stocks open lower due to geopolitical tensions

2018-08-17 02:53 pm | Resource: News | No Views : 249



US stocks
were mostly red at the opening bell on Friday as geopolitical and trade disputes between the United States and Turkey dominated sentiment, fueling risk aversion. Prompting investors toward safe havens such as the dollar, yen and bonds

On the other hand, China has shown signs of its willingness to open up its economy to further private investment and negotiate the exit from import customs procedures with the administration in Washington.

Tesla shares fell by more than 6% as the pace of inquiries about Masque's gushing increased

Tesla shares fell more than 6% on Friday after reports that the US Securities and Exchange Commission (SEC) deepened its investigation into CEO Elon Mask's comments that the automaker might be private.

The SEC is reportedly pressuring Tesla executives to disclose how well they know MySpace's intentions in Twitter about possible privatization, according to Dow Jones. The report said the regulatory body was trying to determine whether Musk had published the information in an attempt to mislead shareholders by causing a short-term increase in the company's shares, thereby damaging the sellers' sale.

Tesla fell 6.58% at 4:13 pm CET, where the stock hit its lowest level since August 1.

US Stocks Open
  • The Dow actually opened. Intel was the weakest, dropping 0.75%.
  • The Nasdaq 100 was down 0.43% below the flat line, with chip material down 8.99% to the bottom of the chart after a pessimistic quarterly report.
  • The S & P 500 lost 0.15% from yesterday's closing level, with the same worst performance.

Gold and Currencies
  • Spot gold rose 0.47% to $ 1,179.61 an ounce at 3:35 pm CET, up 0.29% to $ 14.7 for silver.
  • The euro rose 0.26% to $ 1.1406, and the pound moved up 0.11% today, to 1.2727. The greenback was down 0.39% at 110.466 yen.


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We offer you the analysis of the NASDAQ 100 index on Wednesday , April 17, 2019 with the most important forecasts for the NASDAQ 100 index in the US market. Time frame Used - four hours The NASDAQ 100 is moving in a bullish direction in the near term. The Nasdaq 100 is still facing resistance and selling pressure around 7670 levels, forming a negative candlestick pattern as the indices…

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