Investors digested the US-EU trade agreement while awaiting this week's Federal Reserve meeting and economic data, leading to US stocks in range-bound on Monday.
The S&P 500 edged up 1 point, closing at 6,389. The Nasdaq added by 70 points or 0.3%, closing at 21,178. The DJIA closed down 64 points or 0.1%, at 44,837.
Tesla (TSLA.US) soared 3% as the company confirmed a US$16.5 billion chip contract with Samsung Electronics. Nvidia (NVDA.US) climbed 1.9%.
Several major techs will announce their quarterly results this week, with Meta (META.US) and Microsoft (MSFT.US) on Wednesday, and Amazon (AMZN.US) and Apple (AAPL.US) on Thursday.
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AASTOCKS Financial News
Website: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| TSLA (C) |
10688 |
420 (-) |
0.243 |
5.4 X |
| TSLA (P) |
10692 |
280 (-) |
0.440 |
3.4 X |
| Nvidia (C) |
10721 |
175 (-) |
0.430 |
4.1 X |
| Nvidia (P) |
10714 |
125 (-) |
0.077 |
4.3 X |
| META (C) |
10579 |
800 (-) |
0.610 |
9.3 X |
| MSFT (C) |
10744 |
600 (-) |
0.445 |
7.4 X |
| MSFT (P) |
10715 |
435 (-) |
0.229 |
5.9 X |
| AMZN (C) |
10580 |
245 (-) |
0.056 |
12.4 X |
| AMZN (P) |
10700 |
180 (-) |
0.168 |
4.4 X |
| APPLE (C) |
10614 |
236 (-) |
0.030 |
15.7 X |
| APPLE (P) |
10678 |
170 (-) |
0.082 |
6.8 X |
