With anticipation of this week's US economic data, the US stock market trended positively on Monday. The DJIA ended the day up 68 points or 0.2% at 46,316. The S&P 500 rose by 17 points or 0.3% to close at 6,661. The Nasdaq climbed by 107 points or 0.5%, closing at 22,591.
AI chip stocks delivered outstanding performance, with Nvidia (NVDA.US) and Micron (MU.US) crossing the finish line up 2.1% and 4.2%, respectively.
Electronic Arts (EA.US) surged by 4.5% at close. It has announced that it will be privatized in a deal valued at around USD55 billion. Including last Friday's gain, its stock price has snowballed by 20% in two days.
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AAStocks Financial News
Web Site: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| Nvidia (C) |
10055 |
230 (-) |
0.249 |
4.8 X |
| Nvidia (C) |
10721 |
175 (-) |
0.455 |
4.7 X |
| Nvidia (P) |
10057 |
165 (-) |
0.220 |
3.5 X |
| Nvidia (P) |
10714 |
125 (-) |
0.030 |
6.2 X |
| TSLA (C) |
10010 |
530 (-) |
0.770 |
3.8 X |
| TSLA (C) |
10688 |
420 (-) |
0.770 |
5.4 X |
| TSLA (P) |
10011 |
370 (-) |
0.640 |
2.8 X |
| TSLA (P) |
10692 |
280 (-) |
0.043 |
7.4 X |
| META (C) |
10003 |
900 (-) |
0.630 |
5.9 X |
| META (P) |
10757 |
700 (-) |
1.040 |
3.9 X |
| AMZN (C) |
10004 |
280 (-) |
0.169 |
6.4 X |
| AMZN (P) |
10700 |
180 (-) |
0.100 |
5.6 X |
| MSFT (C) |
10744 |
600 (-) |
0.275 |
9.0 X |
| MSFT (P) |
10715 |
435 (-) |
0.192 |
7.0 X |
| APPLE (C) |
10758 |
243 (-) |
0.460 |
5.7 X |
| APPLE (C) |
10614 |
236 (-) |
TRADING CEASED |
N/A |
| APPLE (P) |
10793 |
210 (-) |
0.104 |
6.5 X |
