Oil prices retreated dramatically on Tuesday while the market kept a close tab on the latest developments in the Iran conflict. US bourse presented mixed trends.
The DJIA slipped nearly 300 points at most, and once leaped 479 points at most. It fluctuated by 776 points throughout the day, ultimately closing slightly down by 34 points or less than 0.1% at 47,706. The S&P 500 fell by 14 points or 0.2% to 6,781. The Nasdaq settled with a slim hike of 1 point to 22,697.
Oil prices slumped by more than 15% during the day, with Chevron (CVX.US) and ExxonMobil (XOM.US) each sagging nearly 2%. Shell (SHEL.US) shed by less than 1%.
Chip makers steered gains among techs, with Micron (MU.US) and Intel (INTC.US) up by 2-3%. Nvidia (NVDA.US) rose over 1%, performing the best among the Magnificent Seven. Meta (META.US) also added by 1%.
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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) |
11036 |
590 (-) |
0.092 |
8.0 X |
| TSLA (P) |
11037 |
435 (-) |
1.010 |
3.4 X |
| TSLA (P) |
10011 |
370 (-) |
0.033 |
26.7 X |
| APPLE (C) |
10079 |
320 (-) |
0.040 |
13.3 X |
| APPLE (P) |
11063 |
248 (-) |
0.295 |
4.7 X |
| APPLE (P) |
10793 |
210 (-) |
N/A |
N/A |
| MSFT (C) |
11006 |
550 (-) |
0.037 |
12.7 X |
| MSFT (P) |
10715 |
435 (-) |
0.450 |
N/A |
| MSFT (P) |
11064 |
390 (-) |
0.540 |
4.2 X |
| Nvidia (C) |
11007 |
205 (-) |
0.198 |
6.1 X |
| Nvidia (P) |
11090 |
168 (-) |
0.355 |
2.5 X |
| Nvidia (P) |
10057 |
165 (-) |
0.072 |
9.0 X |
| META (C) |
11069 |
830 (-) |
0.375 |
7.0 X |
| META (P) |
10757 |
700 (-) |
0.910 |
7.7 X |
