The VIX Index, often called the index for fear gauge, fell to 30 in last printing from a high of 60 last week as tariff-related market turbulence subsided, with investors shifting focus to the latest corporate earnings.
On Tuesday, U.S. stock indices traded with volatility. The DJIA closed down 155 points or 0.4% at 40,368; the Nasdaq edged lower by 8 points to 16,823; and the S&P 500 dipped 9 points or 0.2%.
Bank of America (BAC.US) and Citigroup (C.US) reported 1Q earnings that topped expectations, with shares leaping nearly 4% and 2%, respectively.
This week, United Airlines (UAL.US) and Netflix (NFLX.US) are set to release results. Netflix, which lately announced a 2030 revenue target doubling last year’s and a USD1 trillion market cap goal, finished up nearly 5%.
Large-cap techs mostly declined, with Meta (META.US) losing nearly 2% amid a U.S. antitrust probe; and Alphabet (GOOG.US) and Amazon (AMZN.US) shedding over 1%. Tesla (TSLA.US) gained less than 1%.
Boeing (BA.US) slid over 2% amid reports that China ordered domestic airlines to suspend acceptance of aircraft deliveries.
~
AAStocks Financial News
Web Site: www.aastocks.com
SG Top Picks |
Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
META (C) |
10579 |
800 (-) |
0.126 |
7.3 X |
META (P) |
10563 |
600 (-) |
1.790 |
2.7 X |
AMZN (C) |
10580 |
245 (-) |
0.071 |
7.0 X |
AMZN (P) |
10449 |
174 (-) |
0.203 |
5.7 X |
TSLA (C) |
10591 |
300 (-) |
0.455 |
3.7 X |
TSLA (P) |
10468 |
250 (-) |
0.455 |
3.9 X |
TSLA (P) |
10604 |
190 (-) |
0.345 |
2.4 X |