US bourse traded mixed in early session Tuesday, but all three major indices eventually subsided. The Nasdaq led the downfall, losing 1.4% or 336 points to close at 23,255. The S&P 500 dipped 58 points or 0.8% to 6,917. The DJIA, which hit a peak shortly after the market opened, touched 49,653 before fluctuating. Once sliding 574 points or 1.2% at its lowest, it closed down 166 points or 0.3% at 49,240.
Microsoft (MSFT.US) and Meta (META.US), both of which announced quarterly results, sagged more than 2%, while Apple (AAPL.US) remained stable. NVIDIA (NVDA.US) dived nearly 3%. Software stocks continued to fare weakly, with ServiceNow (NOW.US) setting a 52-week low and closing down 7%, and Salesforce (CRM.US) also down nearly 7%.
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AASTOCKS Financial News
Website: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| ALPBE (C) |
10080 |
360 (-) |
0.380 |
6.0 X |
| ALPBE (P) |
10012 |
230 (-) |
0.066 |
6.4 X |
| MSFT (C) |
11006 |
550 (-) |
0.066 |
10.8 X |
| MSFT (P) |
10715 |
435 (-) |
0.520 |
8.0 X |
| META (C) |
10003 |
900 (-) |
0.045 |
14.1 X |
| META (P) |
10757 |
700 (-) |
0.950 |
6.1 X |
| APPLE (C) |
10079 |
320 (-) |
0.107 |
10.2 X |
| APPLE (P) |
10793 |
210 (-) |
N/A |
N/A |
| Nvidia (C) |
10055 |
230 (-) |
0.045 |
9.4 X |
| Nvidia (C) |
11007 |
205 (-) |
0.215 |
5.2 X |
| Nvidia (P) |
10057 |
165 (-) |
0.162 |
5.6 X |