Retail sales in the US fell short of expectations with an increase of 0.4% in December despite easing concerns over US inflation. After experiencing a sharp rebound, the three major US stock indices opened higher but trended lower on Thursday. The DJIA closed down 68 points or 0.2% at 43,153. Led by declines in Apple (AAPL.US) and Tesla (TSLA.US), the Nasdaq fell 172 points or 0.9%, closing at 19,338. The S&P 500 closed 12 points or 0.2% lower at 5,937.
Tech stocks weakened with Apple collapsing 4% for the day. Tesla, which surged 8% yesterday, ultimately gave back nearly 3.4%. Nvidia (NVDA.US) dipped 1.9%, while Meta (META.US) waned 1%.
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AAStocks Financial News
Web Site: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| TSLA (C) |
10493 |
620 (-) |
0.445 |
4.3 X |
| TSLA (C) |
10469 |
440 (-) |
1.140 |
3.3 X |
| TSLA (P) |
10494 |
320 (-) |
N/A |
N/A |
| TSLA (P) |
10468 |
250 (-) |
N/A |
N/A |
| META (C) |
10440 |
700 (-) |
N/A |
N/A |
| META (P) |
10436 |
480 (-) |
N/A |
N/A |
| APPLE (C) |
10507 |
297 (-) |
0.032 |
11.2 X |
| APPLE (C) |
10321 |
262 (-) |
0.022 |
17.1 X |
| APPLE (P) |
10495 |
218 (-) |
N/A |
N/A |
| APPLE (P) |
10410 |
193 (-) |
N/A |
N/A |
| Nvidia (C) |
10447 |
175 (-) |
0.119 |
6.1 X |
| Nvidia (C) |
10537 |
165 (-) |
0.248 |
4.2 X |
| Nvidia (C) |
10405 |
160 (-) |
0.129 |
6.7 X |
| Nvidia (P) |
10448 |
123 (-) |
N/A |
N/A |
| Nvidia (P) |
10538 |
116 (-) |
N/A |
N/A |
| Nvidia (P) |
10300 |
110 (-) |
0.038 |
7.0 X |
