US President Donald Trump will address the nation at 9 p.m. Eastern Time on Wednesday to provide updates on the US-Iran war. Market expectations for an end to the conflict have continued to rise. US equities extended gains on Wednesday. The DJIA closed up 224 points, or 0.5%, at 46,565; the S&P 500 rose 46 points, or 0.7%, to 6,575; while the Nasdaq again led the advance, climbing 250 points, or 1.2%, to 21,840.
Although Iran threatened to attack US technology companies operating in the Middle East, shares advanced as the likelihood of a US-Iran ceasefire increased. Alphabet (GOOG.US) gained 2.8%, while NVIDIA (NVDA.US) rose 0.8%. Intel (INTC.US) announced it would repurchase its stake in an Irish chip plant for USD14.2 billion, sending its shares soaring nearly 9%. Tesla (TSLA.US) added 2.6%.
Oil prices retreated and fell below USD100, pressuring energy stocks. Chevron (CVX.US) and Exxon Mobil (XOM.US) both declined 5%.
Among individual stocks, Nike (NKE.US) reported weaker-than-expected revenue in North America for the previous quarter, with its shares plunging 15.5%, marking the worst single-day performance in nearly a year. Eli Lilly surged nearly 4% at close after the FDA approved its GLP-1 drug. (me/s)~
AASTOCKS Financial News
Website: www.aastocks.com
This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| ALPBE (C) |
10080 |
360 (-) |
0.077 |
10.5 X |
| ALPBE (P) |
10012 |
230 (-) |
0.073 |
7.6 X |
| Nvidia (C) |
11007 |
205 (-) |
0.084 |
8.4 X |
| Nvidia (P) |
11090 |
168 (-) |
0.390 |
2.5 X |
| Nvidia (P) |
10057 |
165 (-) |
0.064 |
13.6 X |
| MSFT (C) |
11006 |
550 (-) |
0.011 |
14.3 X |
| MSFT (C) |
11136 |
450 (-) |
0.224 |
7.1 X |
| MSFT (P) |
11064 |
390 (-) |
0.790 |
3.6 X |
| APPLE (C) |
10079 |
320 (-) |
0.016 |
16.7 X |
| APPLE (C) |
11132 |
300 (-) |
0.192 |
6.8 X |
| APPLE (P) |
11063 |
248 (-) |
0.325 |
4.7 X |
| TSLA (C) |
11036 |
590 (-) |
0.032 |
10.1 X |
| TSLA (C) |
11134 |
490 (-) |
0.375 |
5.0 X |
| TSLA (P) |
11135 |
330 (-) |
0.670 |
2.5 X |
