Morgan Stanley on market backside and tech shares, Nasdaq

Shares across the board rallied in July, with Nasdaq having recovered from previous falls. And Wall Street is debating whether the market has bottomed. Growth stocks like technology have generally tumbled this year due to currency tightening, recessions and other risks. And Morgan Stanley in an August 3 report warned that although the Nasdaq is … Read more

Inventory futures slip after first buying and selling day in August

China stocks fall as tensions rise after Pelosi visit Open flat stock futures Stock futures opened sideways in overnight trading on Monday. Futures contracts tied to the Dow Jones Industrial Average inched 0.06% lower, or 21 points. Futures contracts on the S&P 500 and Nasdaq 100 fell 0.06% and 0.01%, respectively. – Samantha Subin Truist’s … Read more

Inventory futures slip after first buying and selling day in August

China stocks fall as tensions rise after Pelosi visit Open flat stock futures Stock futures opened sideways in overnight trading on Monday. Futures contracts tied to the Dow Jones Industrial Average inched 0.06% lower, or 21 points. Futures contracts on the S&P 500 and Nasdaq 100 fell 0.06% and 0.01%, respectively. – Samantha Subin Truist’s … Read more

UBS on how you can put money into electrical automobiles, enhance electrical car adoption

Demand for electric vehicles is expected to explode in the coming decades – and UBS has identified a topic for investors to pour money into that electrified sector. UBS says the growing amount of electronic content in vehicles will lead to new supply chains, as automakers increasingly work directly with semiconductor companies and new technology … Read more

Hong Kong shares fall, China’s Q2 GDP misses estimates

SINGAPORE – Hong Kong’s Hang Seng fell 2% as technology shares fell and Asian markets mixed as China’s GDP fell short of expectations. The Hang Seng Index in Hong Kong fell 2% and the Hong Kong Technology Index fell 3%. Alibaba’s US-listed shares fell more than 4% overnight after the Wall Street Journal reported that … Read more