US President Donald Trump and Canadian Prime Minister Mark Carney walked back their pledge of an imminent trade deal during their meeting. US Treasury Secretary Scott Bessent, however, said a partial trade agreement could be announced as early as this week. Meanwhile, investors are waiting for the Fed's policy decision. US stocks retreated on Tuesday.
The S&P 500 closed down 43 points or 0.8% at 5,606. The DJIA dropped 389 points or 1% to close at 40,829. The Nasdaq slipped 154 points or 0.9%, closing at 17,689.
Tesla (TSLA.US)'s new car sales in the UK and Germany sank to their lowest level in over two years in April. Its stock price closed down 1.8%. With the consensus being that the central bank will announce no change to interest rates on Wednesday, Meta (META.US) dipped 2%, while Nvidia (NVDA.US) also edged down. Goldman Sachs (GS.US) maintained a nearly 2% loss throughout the day, weighing down the DJIA.
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AAStocks Financial News
Web Site: www.aastocks.com
SG Top Picks |
Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
HKEX (C) |
14091 |
472.2 (-) |
0.059 |
10.4 X |
HKEX (C) |
15701 |
420.19 (-) |
0.131 |
9.4 X |
HKEX (C) |
29936 |
390.19 (-) |
0.255 |
7.1 X |
HKEX (P) |
16533 |
309.79 (-) |
0.109 |
6.4 X |
HKEX (P) |
16135 |
249.8 (-) |
0.041 |
6.4 X |
HKEX (Bull) |
54739 |
361 (363) |
0.042 |
18.0 X |
HKEX (Bull) |
69736 |
341 (343) |
0.081 |
9.4 X |
HKEX (Bear) |
62276 |
411 (409) |
0.065 |
11.7 X |
HKEX (Bear) |
53054 |
402 (400) |
0.049 |
15.5 X |
Nvidia (C) |
10537 |
165 (-) |
0.036 |
9.7 X |
Nvidia (C) |
10573 |
150 (-) |
0.178 |
5.0 X |
Nvidia (C) |
10615 |
135 (-) |
0.305 |
3.9 X |
Nvidia (P) |
10538 |
116 (-) |
0.092 |
5.7 X |
Nvidia (P) |
10581 |
95 (-) |
0.078 |
3.9 X |
TSLA (C) |
10469 |
440 (-) |
0.090 |
9.2 X |
TSLA (C) |
10688 |
420 (-) |
0.760 |
3.2 X |
TSLA (P) |
10604 |
190 (-) |
0.107 |
3.6 X |
META (C) |
10579 |
800 (-) |
0.330 |
7.2 X |
META (P) |
10563 |
600 (-) |
0.710 |
4.9 X |