US President Donald Trump and Chinese President Xi Jinping are set to meet next Thursday during the APEC Summit in South Korea, leading to a wilder upswing in US bourse on Thursday afternoon.
The DJIA closed up 144 points or 0.3%, at 46,734. The S&P 500 gained 39 points or 0.6%, closing at 6,738. The Nasdaq finished up 201 points or 0.9%, at 22,941.
Tesla (TSLA.US) saw a 12% rebound in 3Q revenue, snapping a two-quarter decline, although earnings missed. The stock initially fell but closed up 2.3%. IBM (IBM.US) reported 3Q earnings and revenue beat, slowing its stock downfall to 0.9%.
American Airlines (AAL.US) logged a smaller-than-expected loss last quarter, with full-year earnings guidance better than expected, shoring the stock up 5.6%.
Some major techs fared well, with Oracle (ORCL.US) soaring 2.7%, and Nvidia (NVDA.US) and Amazon (AMZN.US) each hiking by about 1%. Apple (AAPL.US) added 0.4%.
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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) |
10010 |
530 (-) |
0.690 |
4.2 X |
| TSLA (P) |
10011 |
370 (-) |
0.500 |
3.4 X |
| META (C) |
10003 |
900 (-) |
0.360 |
6.7 X |
| META (P) |
10757 |
700 (-) |
1.350 |
3.6 X |
| AMZN (C) |
10004 |
280 (-) |
0.280 |
5.8 X |
| AMZN (P) |
10700 |
180 (-) |
0.049 |
6.8 X |
| Nvidia (C) |
10055 |
230 (-) |
0.320 |
4.6 X |
| Nvidia (P) |
10057 |
165 (-) |
0.172 |
3.8 X |
| APPLE (C) |
10758 |
243 (-) |
0.720 |
4.7 X |
| APPLE (P) |
10793 |
210 (-) |
0.050 |
7.9 X |
