The latest U.S. economic data was a mixed bag, and Federal Reserve Chairman Jerome Powell warned of potential long-term interest rate increases, posing policy challenges.
U.S. stocks opened lower on Thursday but closed higher, with the DJIA reversing from a plunge of up to 273 points to soar 271 points or 0.7%, closing at 42,322. The S&P 500 added 24 points or 0.4% to settle at 5,916, marking its fourth day of upswing. The Nasdaq dipped 34 points or 0.2% to rest at 19,112.
Insurance company UnitedHealth (UNH.US) plunged 11% as the U.S. Department of Justice launched an investigation into the company.
Techs waned, with Amazon (AMZN.US) and Meta (META.US) both shedding over 2%; Tesla (TSLA.US) down 1.4%; and Nvidia (NVDA.US), Apple (AAPL.US), and Alphabet (GOOG.US) each fading less than 1%.
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AAStocks Financial News
Web Site: www.aastocks.com
SG Top Picks |
Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
ALIBA (C) |
16084 |
146.98 (-) |
0.050 |
6.7 X |
ALIBA (C) |
15790 |
140 (-) |
0.062 |
6.5 X |
ALIBA (C) |
13780 |
128.1 (-) |
0.083 |
6.4 X |
ALIBA (C) |
16291 |
125.1 (-) |
0.129 |
4.7 X |
ALIBA (P) |
14223 |
117.58 (-) |
0.143 |
3.4 X |
ALIBA (P) |
13581 |
98.94 (-) |
0.056 |
4.7 X |
ALIBA (Bull) |
68707 |
112 (113.5) |
0.078 |
15.3 X |
ALIBA (Bull) |
55179 |
109.5 (111) |
0.022 |
10.8 X |
ALIBA (Bear) |
62244 |
140.5 (139) |
0.192 |
6.2 X |
ALIBA (Bear) |
60445 |
137.5 (136) |
0.166 |
7.2 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 |
AMZN (C) |
10580 |
245 (-) |
0.115 |
7.6 X |
AMZN (P) |
10449 |
174 (-) |
0.034 |
12.3 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 |
META (C) |
10579 |
800 (-) |
0.330 |
7.2 X |
META (P) |
10563 |
600 (-) |
0.710 |
4.9 X |
APPLE (C) |
10551 |
254 (-) |
0.021 |
15.4 X |
APPLE (C) |
10614 |
236 (-) |
0.144 |
7.8 X |
APPLE (P) |
10495 |
218 (-) |
0.234 |
8.5 X |
APPLE (P) |
10678 |
170 (-) |
0.153 |
4.4 X |